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The following information is available for Bakers Corporation. 2018 2017 Current liabilities $ 88,000 $ 60,800 Total assets 400,000 341,000 Currrent liabilities 40,000 38,000 Total
The following information is available for Bakers Corporation. | |||||
2018 | 2017 | ||||
Current liabilities | $ 88,000 | $ 60,800 | |||
Total assets | 400,000 | 341,000 | |||
Currrent liabilities | 40,000 | 38,000 | |||
Total liabilities | 120,000 | 150,000 | |||
Net income | 100,000 | 50,000 | |||
Net cash provided by operating activities | 110,000 | 70,000 | |||
Preferred dividends | 10,000 | 10,000 | |||
Common dividends | 5,000 | 2,500 | |||
Expenditures on property, plant, and equipment | 45,000 | 20,000 | |||
Shares outstanding beginning of year | 60,000 | 40,000 | |||
Shares outstanding end of year | 120,000 | 60,000 | |||
Computethe current ratio, debt to asets ratio, free cash flow, and earnings per share for 2018 and 2017. | |||||
2018 | 2017 | ||||
Earnings per share | |||||
Debt to assets ratio | |||||
Free cash flow | |||||
Earnings per share | |||||
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