Ace Construction Company reported the following balance sheet and income statement data for the year ending December 31, 2025. Current assets Current liabilities Preferred dividends Total assets (a) Working capital $60,000 26,000 22,000 (b) 126,000 $ Net income Earnings per share $ Stockholders' equity Total liabilities Common dividends $148.000 The company had average common shares outstanding during the period of 350.000. Compute the company's (a) working capital and (b) earnings per share. (Round earnings per share to 2 decimal places, e.g. 1.55.) 84.000 42.000 34.500 4
Ace Construction Company reported the following balance sheet and income statement data for the year ending December 31, 2025. Current assets Current liabilities Preferred dividends Total assets (a) Working capital $60,000 26,000 22,000 (b) 126,000 $ Net income Earnings per share $ Stockholders' equity Total liabilities Common dividends $148.000 The company had average common shares outstanding during the period of 350.000. Compute the company's (a) working capital and (b) earnings per share. (Round earnings per share to 2 decimal places, e.g. 1.55.) 84.000 42.000 34.500 4
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
Problem 21E
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Current Attempt in Progress
Ace Construction Company reported the following balance sheet and income statement data for the year ending December 31, 2025.
Current assets
Current liabilities
Preferred dividends
Total assets
(b)
Working capital
$ 60,000
Earnings per share
26.000
22,000
126.000
$
FD)
Net income
Stockholders' equity
Total liabilities
Common dividends
The company had average common shares outstanding during the period of 350.000.
Compute the company's (a) working capital and (b) earnings per share. (Round earnings per share to 2 decimal places, e.g. 1.55.)
$148.000
84.000
42.000
34.500
A
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Transcribed Image Text:View Policies
Current Attempt in Progress
Ace Construction Company reported the following balance sheet and income statement data for the year ending December 31, 2025.
Current assets
Current liabilities
Preferred dividends
Total assets
(b)
Working capital
$ 60,000
Earnings per share
26.000
22,000
126.000
$
FD)
Net income
Stockholders' equity
Total liabilities
Common dividends
The company had average common shares outstanding during the period of 350.000.
Compute the company's (a) working capital and (b) earnings per share. (Round earnings per share to 2 decimal places, e.g. 1.55.)
$148.000
84.000
42.000
34.500
A
Attempts: 0 of 2 used Submit Answer
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