Solution-Compute the book value per share and earnings per

Compute the book value per share and earnings per share

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Reference no: EM131876173

Problem: The following information pertains to Walrus Inc.

Cash	$60,000
Accounts receivable	170,000
Inventory	100,000
Plant assets (net)	582,000
Total assets	$912,000

Accounts payable	$110,000
Accrued taxes and expenses payable	42,000
Long-term debt	120,000
Common stock ($10 par)	260,000
Paid-in capital in excess of par	50,000
Retained earnings	330,000
Total equities	$912,000

Net sales (all on credit)	$2,000,000
Cost of goods sold	1,400,000
Net income	120,000

Required: Compute the following: (ignore Avg for balance sheet accounts)

(a) Current ratio

(b) Inventory turnover

(d) Book value per share

(e) Earnings per share

(f) Debt to total assets

(g) Profit margin on sales

(h) Return on common stock equity

Reference no: EM131876173

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Compute the book value per share and earnings per share

Reference no: EM131876173

Reference no: EM131876173

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