Markus company’s common stock sold for $3.50 per share at the end of this year.

the company paid a common stock dividend of $0.63 per share this year.

it also provided the following data excerpts from this year’s financial statements:

ending balance beginning balance cash $ 35,000 $ 34,000 accounts receivable $ 70,000 $ 55,000 inventory $ 60,700 $ 70,000 current assets $ 165,700 $ 159,000 total assets $ 557,000 $ 586,800 current liabilities $ 67,500 $ 55,500 total liabilities $ 152,000 $ 136,800 common stock, $1 par value $ 133,000 $ 133,000 total stockholders’ equity $ 405,000 $ 450,000 total liabilities and stockholders’ equity $ 557,000 $ 586,800 this year sales (all on account) $ 825,000 cost of goods sold $ 478,500 gross margin $ 346,500 net operating income $ 194,250 interest expense $ 10,500 net income $ 128,625 rev: 05_25_2017_qc_cs-89969

what is the earnings per share? (round your answer to 2 decimal places.)

For each of the following cases determine the ending balance in the inventory account. (hint: first, determine the total cost of inventory available for sale. next, subtract the cost of the inventory sold to arrive at the ending balance.)a. jill’s dress shop had a beginning balance in its inventory account of $40,000. during the accounting period jill’s purchased $75,000 of inventory, returned $5,000 of inventory, and obtained $750 of purchases discounts. jill’s incurred $1,000 of transportation-in cost and $600 of transportation-out cost. salaries of sales personnel amounted to $31,000. administrative expenses amounted to $35,600. cost of goods sold amounted to $82,300.b. ken’s bait shop had a beginning balance in its inventory account of $8,000. during the accounting period ken’s purchased $36,900 of inventory, obtained $1,200 of purchases allowances, and received $360 of purchases discounts. sales discounts amounted to $640. ken’s incurred $900 of transportation-in cost and $260 of transportation-out cost. selling and administrative cost amounted to $12,300. cost of goods sold amounted to $33,900.a& b. cost of goods avaliable for sale? ending inventory?