IW1The table below contains data on Fincorp Incorporated. The balance sheet items correspond tovalues at year-end 2021 and 2022, while the income statement items correspond to revenuesor expenses during the year ended 2021 and 2022. All values are in thousands of dollars.RevenueCost of goods soldDepreciationInventoriesAdministrative expensesInterest expenseFederal and state taxes*Accounts payableAccounts receivableNet fixed assets*Long-term debtNotes payableDividends paidCash and marketable securities2021$ 4,7001,200520270490290700350350Earnings per share4,3003,0002021960470860< Prev*Taxes are paid in their entirety in the year that the tax obligation is incurred.tNet fixed assets are fixed assets net of accumulated depreciation since the asset wasinstalled.2022$ 4,8001,300Suppose that Ficorp has 476,000 shares outstanding. What were earnings per share in 2022?(Round your answers to 2 decimal places.)54033554029072041040520224,9603,4405204703205 of 11Next >

Earnings per share (EPS) shows how much of a company's profits are distributed to each outstanding…

Answered: Suppose that Ficorp has 476,000 shares…

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

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter6: Accounting For Financial Management

Section: Chapter Questions

Problem 12P

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