FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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The following information pertains to Sheridan Company:
Cash | $21,500 | ||
125,000 | |||
Inventory | 75,500 | ||
Plant assets (net) | 384,000 | ||
Total assets | $606,000 | ||
Accounts payable | $74,500 | ||
Accrued taxes and expenses payable | 25,500 | ||
Long-term debt | 48,500 | ||
Common stock ($10 par) | 155,000 | ||
Paid-in capital in excess of par | 89,500 | ||
213,000 | |||
Total equities | $606,000 | ||
Net sales (all on credit) | $801,000 | ||
Cost of goods sold | 601,500 | ||
Net income | 81,500 |
please answers these subparts, thank you
(d) | Book value per share | $ | ||||
(e) | Earnings per share | $ | ||||
(f) | Debt to assets | % | ||||
(g) | Profit margin on sales | % | ||||
(h) | Return on common |
% |
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