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Business, 16.02.2021 02:10 webbjalia04

Use the following information to answer the questions: Assets Liabilities and Equity Cash 14,000 Accounts payable 18,000 Marketable securities 4,000 Notes payable 8,000 Accounts receivable 11,000 Current liabilities 26,000 Inventory 42,000 Long-term debt 80,000 Current assets 71,000 Total liabilities 106,000 Machines 42,000 Paid-in capital 30,000 Real estate 60,000 Retained earnings 37,000 Net fixed assets 102,000 Equity 67,000 Total assets 173,000 Total liab. & equity 173,000 Line item Value Sales 710,000 Operating expenses 582,200 Depreciation 25,000 EBIT 102,800 Interest 8,000 Taxable income 94,800 Taxes 31,284 Net income 63,516 The company has 30,000 shares outstanding, each currently trading at $23.7. Attempt 1/10 for 10 pts. Part 1 What are earnings per share?

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