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Problem 19-4 Per-Share Ratios (LO3, CFA6) You are given the following information for Smashville, Inc. Cost of goods sold: $204,000 Investment income: $2,000 Net sales:
Problem 19-4 Per-Share Ratios (LO3, CFA6)
You are given the following information for Smashville, Inc.
Cost of goods sold: | $204,000 | |
Investment income: | $2,000 | |
Net sales: | $369,000 | |
Operating expense: | $80,000 | |
Interest expense: | $7,400 | |
Dividends: | $10,000 | |
Tax rate: | 21 | % |
Current liabilities: | $16,000 |
Cash: | $21,000 |
Long-term debt: | $28,000 |
Other assets: | $36,000 |
Fixed assets: | $163,000 |
Other liabilities: | $5,000 |
Investments: | $40,000 |
Operating assets: | $35,000 |
During the year, Smashville, Inc., had 17,000 shares of stock outstanding and depreciation expense of $15,000. Calculate the book value per share, earnings per share, and cash flow per share. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
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