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The following data are taken from the financial statements of JB Thomas, Inc. The average number of shares of commo outstanding for the year
The following data are taken from the financial statements of JB Thomas, Inc. The average number of shares of commo outstanding for the year was 3,920. The following data are in are provided: Accounts payable $15,680 Net sales $288,120 Accounts receivable 20,580 Other current liabilities 10,780 Cash 41,160 Salaries and wages payable 2,940 Gross profit 111,720 Total stockholders' equity 129,360 Net income 21,168 Total assets 235,200 Compute the following: (Round Earnings per share to 2 decimal places, e.g. 52.51 and all other answers to 1 decimal place, e. 1. Current ratio 2. Debt to assets ratio 3. Earnings per share $ 4. Profit margin 2.1 :1 % per share %
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