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You are given the following information for Smashville, Inc. Cost of goods sold: $224,000 Investment income: $2,400 Net sales: $389,000 Operating expense: $90,000 Interest expense:
You are given the following information for Smashville, Inc.
Cost of goods sold: | $224,000 | |
Investment income: | $2,400 | |
Net sales: | $389,000 | |
Operating expense: | $90,000 | |
Interest expense: | $7,400 | |
Dividends: | $15,000 | |
Tax rate: | 21 | % |
Current liabilities: | $24,000 |
Cash: | $21,000 |
Long-term debt: | $24,000 |
Other assets: | $40,000 |
Fixed assets: | $136,000 |
Other liabilities: | $5,000 |
Investments: | $44,000 |
Operating assets: | $37,000 |
During the year, Smashville, Inc., had 24,000 shares of stock outstanding and depreciation expense of $15,000. Calculate the book value per share, earnings per share, and cash flow per share. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
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