ACCOUNTING-based on the following information: cash = $ 14,870; accounts receivables

QUESTION

based on the following information: cash = $ 14,870; accounts receivables = $22,108; prepaid =$ 3,010; supplies = $927; equipment = $62,150; accumulated depreciation= $13,750; accounts payable =$28,000; net sales= $325,000; interest expenses = $6,000; tax expenses = $12,600; earnings before interest and taxes = $ 122,623; number of shares oustanding = $ 335,000. Round to two decimal places.Calculate the earning per shareCalculate the profit margin ratioCalculate the return on total assets ratio (assume this is the first year of operation)

 

ANSWER:

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