The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2018 and 2019, while the income statement items correspond to revenues or expenses during the year ending in either 2018 or 2019. All values are in thousands of dollars. 2018 2019 $5,600 1,800 420 $5,700 1,900 440 Revenue Cont of gooda sold Depreciation Inventories 250 410 285 460 220 Administrative expenses Intereat expense Federal and state taxen Accounta payable Accounts receivable 220 790 810 325 280 450 525 Net fixed aBsete Long-term debt Notes payable Dividends paid Cash and marketable securities 5,530 2,410 740 320 4,900 2,000 1,010 320 800 390 * Taxes are paid in their entirety in the year that the tax obligation is incurred, T Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. Suppose that Fincorp has 445,000 shares outstanding. What were earnings per share? (Round your answers to 2 decimal places.) 2018 2019 Eamings per share.
The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2018 and 2019, while the income statement items correspond to revenues or expenses during the year ending in either 2018 or 2019. All values are in thousands of dollars. 2018 2019 $5,600 1,800 420 $5,700 1,900 440 Revenue Cont of gooda sold Depreciation Inventories 250 410 285 460 220 Administrative expenses Intereat expense Federal and state taxen Accounta payable Accounts receivable 220 790 810 325 280 450 525 Net fixed aBsete Long-term debt Notes payable Dividends paid Cash and marketable securities 5,530 2,410 740 320 4,900 2,000 1,010 320 800 390 * Taxes are paid in their entirety in the year that the tax obligation is incurred, T Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. Suppose that Fincorp has 445,000 shares outstanding. What were earnings per share? (Round your answers to 2 decimal places.) 2018 2019 Eamings per share.
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
10th Edition
ISBN:9781337902571
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter3: Financial Statements, Cash Flow, And Taxes
Section: Chapter Questions
Problem 19SP
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