2017 $56,700 242,700 24,700 74,700 82,700 92,700 8.700 5,700 29.700 207.700 32,7

ID: 2332451 • Letter: 2

Question

2017 $56,700 242,700 24,700 74,700 82,700 92,700 8.700 5,700 29.700 207.700 32,700 102,700 42,700 58,700 Current I Net income Net cash provided by operating activities Preferred dividends Co dividends on property, plant, and equipment 14,700 Shares outstanding at beginning of year Shares outstanding at end of year 42,700 77.700 32.700 42.700 te earnings per share for 2 per share to 2 eg. $2.78.) 2017 2016 0.74 057 to 2 te the current ratio and debt to as 2016 2017 PM /12/2018 O Type here to search dt e

Explanation / Answer

2016

2017

net income

42700

82700

less preferred dividend

8700

earnings available to common stock

34000

74000

average no of stock outstanding

(42700+32700)/2 * (42700+77700)/2

37700

60200

EPS

earning available to common stock/average shares outstanding

0.90

1.23

current ratio

current assets/current liabilities

1.18

2.30

debt to asset ratio

total of liabilities/total assets

0.49

0.31

free cash flow

cash from operating activities - capital expenditure

44000

63000