Tools HelpO ModeDelaySoutheast Systems has the following balance sheet and the income statement. The company had 10 million shares of common stock outstanding and its market price of the common stock was $78 at theend of 2014. Make sure the unit is in million dollars.(unit: $ in millions)Southeast SystemsBalance Sheets2013201420132014Cash$50$100 Accounts payable$450$500Accounts receivable600Notes payable700300400Inventory500550 Long-term debt1,000 Common equity650650Net fixed assets1,000300300Retained earnings450500Total Assets$2,150$2,350 Total Liabilities &$2,150$2,350Owner's EquityIncome Statement2014$2,370SalesCost of goods sold2,070Depreciation200ЕBIT100Interest expenses20Taxable income80Таxes28Net income$52Dividends$2What are the values of the earning per share (EPS) and the price-earnings (P/E) ratio?P Type here to search30°F Clearhp

Earning Per Share is the amount for total earnings per share which is left for equity shareholders…

*Southeasi Systems has the following balance sheet and the income statement. The company had 10 million shares of common stock outstanding and its market price of the common stock was $78 at the end of 2014. Make sure the unit is in million dollars. (unit: $ in millio: Southeast Systems Balance Sheets 2013 2014 2013 2014 Cash $50 $100 Accounts payable 700 Notes payable 550 Long-term debt $450 $500 Accounts receivable 600 300 400 Inventory Net fixed assets 500 650 650 1.000 1.000 Common equity Retained earnings $2,350 Total Liabilities & Owner's Equity 300 300 450 500 Total Assets $2,150 $2,150 $2,350 Income Statement 2014 $2,370 Sales Cost of goods sold 2,070 Depreciation 200 EBIT 100 Interest expenses 20 Taxable income 80 Тахes 28 Net income $52 Dividends $2 What are the values of the earning per share (EPS) and the price-earnings (P/E) ratio?

*Southeasi Systems has the following balance sheet and the income statement. The company had 10 million shares of common stock outstanding and its market price of the common stock was $78 at the end of 2014. Make sure the unit is in million dollars. (unit: $ in millio: Southeast Systems Balance Sheets 2013 2014 2013 2014 Cash $50 $100 Accounts payable 700 Notes payable 550 Long-term debt $450 $500 Accounts receivable 600 300 400 Inventory Net fixed assets 500 650 650 1.000 1.000 Common equity Retained earnings $2,350 Total Liabilities & Owner's Equity 300 300 450 500 Total Assets $2,150 $2,150 $2,350 Income Statement 2014 $2,370 Sales Cost of goods sold 2,070 Depreciation 200 EBIT 100 Interest expenses 20 Taxable income 80 Тахes 28 Net income $52 Dividends $2 What are the values of the earning per share (EPS) and the price-earnings (P/E) ratio?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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