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The following data have been selected from the annual report of Komark Corporation (15 marks): Market price per share $60 Price-Earnings ratio 20 times Total

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The following data have been selected from the annual report of Komark Corporation (15 marks): Market price per share $60 Price-Earnings ratio 20 times Total Assets $450,000 Current Liabilities $180,000 Shareholders' Equity $200,000 Current ratio 1.5:1 Weighted average number of shares 100,000 Instructions Calculate the following: (a) Basic earnings per share (b) Net income (c) Debt to Total Assets ratio (d) Current assets (e) Working capital

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