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Suppose that Ficorp has 476,000 shares outstanding. What were earnings per share in 2022? (Round your answers to 2 decimal places.) Earnings per share 2021 2022

Suppose that Ficorp has 476,000 shares outstanding. What were earnings per share in 2022? (Round your answers to 2 decimal places.) Earnings per share 2021 2022

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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IW 1 The table below contains data on Fincorp Incorporated. The balance sheet items correspond to values at year-end 2021 and 2022, while the income statement items correspond to revenues or expenses during the year ended 2021 and 2022. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assets* Long-term debt Notes payable Dividends paid Cash and marketable securities 2021 $ 4,700 1,200 520 270 490 290 700 350 350 Earnings per share 4,300 3,000 2021 960 470 860 < Prev *Taxes are paid in their entirety in the year that the tax obligation is incurred. t Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. 2022 $ 4,800 1,300 Suppose that Ficorp has 476,000 shares outstanding. What were earnings per share in 2022? (Round your answers to 2 decimal places.) 540 335 540 290 720 410 405 2022 4,960 3,440 520 470 320 5 of 11 Next >
Transcribed Image Text:IW 1 The table below contains data on Fincorp Incorporated. The balance sheet items correspond to values at year-end 2021 and 2022, while the income statement items correspond to revenues or expenses during the year ended 2021 and 2022. All values are in thousands of dollars. Revenue Cost of goods sold Depreciation Inventories Administrative expenses Interest expense Federal and state taxes* Accounts payable Accounts receivable Net fixed assets* Long-term debt Notes payable Dividends paid Cash and marketable securities 2021 $ 4,700 1,200 520 270 490 290 700 350 350 Earnings per share 4,300 3,000 2021 960 470 860 < Prev *Taxes are paid in their entirety in the year that the tax obligation is incurred. t Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed. 2022 $ 4,800 1,300 Suppose that Ficorp has 476,000 shares outstanding. What were earnings per share in 2022? (Round your answers to 2 decimal places.) 540 335 540 290 720 410 405 2022 4,960 3,440 520 470 320 5 of 11 Next >
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