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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