Question

You are given the following information for Smashville, Inc. Cost of goods sold: $254,000 Investment income:...

You are given the following information for Smashville, Inc.

Cost of goods sold: $254,000
Investment income: $3,000
Net sales: $379,000
Operating expense: $84,000
Interest expense: $7,400
Dividends: $17,000
Tax rate: 21 %
Current liabilities: $28,000
Cash: $21,000
Long-term debt: $8,000
Other assets: $38,000
Fixed assets: $169,000
Other liabilities: $5,000
Investments: $14,000
Operating assets: $41,000

During the year, Smashville, Inc., had 17,000 shares of stock outstanding and depreciation expense of $15,000. Calculate the book value per share, earnings per share, and cash flow per share. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

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