You are given the following information for Smashville, Incorporated. Cost of goods sold: Investment income: Net sales: Operating expense: Interest expense: Dividends: Tax rate: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: Other liabilities: Investments: Operating assets: $ 254,000 $3,000 $ 379,000 $ 84,000 $ 7,400 $ 17,000 21% $ 28,000 $ 21,000 $ 8,000 $ 38,000 $ 169,000 $5,000 $ 14,000 $ 41,000

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter17: Financial Statement Analysis
Section17.4: Analyzing Financial Statements Using Financial Ratios
Problem 1WT
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You are given the following information for Smashville, Incorporated.
Cost of goods sold:
Investment income:
Net sales:
Operating expense:
Interest expense:
Dividends:
Tax rate:
Current liabilities:
Cash:
Long-term debt:
Other assets:
Fixed assets:
Other liabilities:
Investments:
Operating assets:
$ 254,000
$ 3,000
$ 379,000
$ 84,000
Book value per share
Earnings per share
Cash flow per share
$ 7,400
$ 17,000
21%
$ 28,000
$ 21,000
$ 8,000
$ 38,000
$ 169,000
$5,000
$ 14,000
$ 41,000
During the year, Smashville, Incorporated, had 17,000 shares of stock outstanding and depreciation expense of $15,000. Calculate the
book value per share, earnings per share, and cash flow per share.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
Transcribed Image Text:You are given the following information for Smashville, Incorporated. Cost of goods sold: Investment income: Net sales: Operating expense: Interest expense: Dividends: Tax rate: Current liabilities: Cash: Long-term debt: Other assets: Fixed assets: Other liabilities: Investments: Operating assets: $ 254,000 $ 3,000 $ 379,000 $ 84,000 Book value per share Earnings per share Cash flow per share $ 7,400 $ 17,000 21% $ 28,000 $ 21,000 $ 8,000 $ 38,000 $ 169,000 $5,000 $ 14,000 $ 41,000 During the year, Smashville, Incorporated, had 17,000 shares of stock outstanding and depreciation expense of $15,000. Calculate the book value per share, earnings per share, and cash flow per share. Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
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