The following information pertains to Blossom Company. Assume that all balance sheet amounts represent both average...

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The following information pertains to Blossom Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $51000 Accounts receivable (net) 44000 Inventory 44000 Property, plant and equipment 210000 Total Assets $349000 Liabilities and Stockholders' Equity Current liabilities $64000 Long-term liabilities 76000 Stockholders' equity-common 209000 Total Liabilities and Stockholders' Equity $349000 Income Statement. Sales revenue Cost of goods sold Gross profit Operating expenses Net income $94000 51000 43000 25000 $ 18000 Number of shares of common stock Market price of common stock 5000 $36 Dividends per share on common stock. 0.7 Cash provided by operations $38000 The following information pertains to Blossom Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $51000 Accounts receivable (net) 44000 Inventory 44000 Property, plant and equipment 210000 Total Assets $349000 Liabilities and Stockholders' Equity Current liabilities $64000 Long-term liabilities 76000 Stockholders' equity-common 209000 Total Liabilities and Stockholders' Equity $349000 Income Statement. Sales revenue Cost of goods sold Gross profit Operating expenses Net income $94000 51000 43000 25000 $ 18000 Number of shares of common stock Market price of common stock 5000 $36 Dividends per share on common stock. 0.7 Cash provided by operations $38000