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Using the following balance sheet and income statement data, what is the earnings per share? Current assets $ 20400 Net income $ 43700 Current liabilities
Using the following balance sheet and income statement data, what is the earnings per share?
| Current assets | $20400 | Net income | $43700 | |
|---|---|---|---|---|
| Current liabilities | 14000 | Stockholders' equity | 65000 | |
| Average assets | 132000 | Total liabilities | 25600 | |
| Total assets | 88600 |
Average common shares outstanding was 15000.
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
10th edition
978-1-119-3061, 1119306167, 978-1119444367
