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The following data are taken from the financial statements of JB Matthew, Inc. The average number of shares of common stock outstanding for the
The following data are taken from the financial statements of JB Matthew, Inc. The average number of shares of common stock outstanding for the year was 5,040. The following data are in are provided: Accounts payable $20,160 Net sales $370,440 Accounts receivable 34,020 Other current liabilities 13.860 Cash 52,920 Salaries and wages payable 3,780 Gross profit 143,640 Total stockholders' equity 157,248 Net income 26,712 Total assets 302,400 Compute the following: (Round Earnings per share to 2 decimal places, e.g. 52.51 and all other answers to 1 decimal place, e.g. 525.1.) 1. Current ratio 2. Debt to assets ratio 3. Earnings per share $ 4. Profit margin :1 % per share %
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