Question
You are given the following information for Smashville, Inc. Cost of goods sold: $ 209,000 Investment income: $ 2,100 Net sales: $ 392,000 Operating expense:
You are given the following information for Smashville, Inc. Cost of goods sold: $ 209,000 Investment income: $ 2,100 Net sales: $ 392,000 Operating expense: $ 90,000 Interest expense: $ 7,400 Dividends: $ 14,000 Tax rate: 35 % Current liabilities: $ 22,000 Cash: $ 21,000 Long-term debt: $ 27,000 Other assets: $ 37,000 Fixed assets: $ 128,000 Other liabilities: $ 5,000 Investments: $ 41,000 Operating assets: $ 35,000 During the year, Smashville, Inc., had 25,000 shares of stock outstanding and depreciation expense of $15,000. Calculate the book value per share, earnings per share, and cash flow per share
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