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Question 14.) (6 points) From the list of items below please calculate the following information: Sales Revenue-Net $900 000 Total Assets $700 000 Retained Earnings
Question 14.) (6 points) | |||
From the list of items below please calculate the following information: | |||
Sales Revenue-Net | $900 000 | ||
Total Assets | $700 000 | ||
Retained Earnings | $150 000 | ||
Common Stock | $60 000 | ||
Average issued shares of common stock | 22 000 | ||
Total Current Assets | $100 000 | ||
Average Authorized shares of common stock | 100 000 | ||
Gross Profit | $400 000 | ||
Average Shares of outstanding common stock | 20 000 | ||
Net income | $40 000 | ||
Total Liabilities | $500 000 | ||
Total Stockholders Equity | $200 000 | ||
Total Current Liabilities | $50 000 | ||
PLEASE SHOW DETAILS FOR PARTIAL CREDIT | |||
a.) Please calculate working capital: | |||
b.) Please calculate earnings per share: | |||
c.) Please calculate the current ratio: | |||
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