The following balances and amounts were taken from the financial statements of Concord, Inc.. The data are presented in alphabetical order. Accounts payable Accounts receivable Cash Average common shares outstanding 22300 Average current liabilities Average and total assets Average total liabilities How much is earnings per share? $36700 O $0.15 O $1.65 O $0.58 O $1.09 37700 114900 630000 329000 115000 Cash provided by operations $94900 Net income 36795 Salaries and wages payable Stockholders' equity Total current assets Total current liabilities 8600 243000 301000 125000
The following balances and amounts were taken from the financial statements of Concord, Inc.. The data are presented in alphabetical order. Accounts payable Accounts receivable Cash Average common shares outstanding 22300 Average current liabilities Average and total assets Average total liabilities How much is earnings per share? $36700 O $0.15 O $1.65 O $0.58 O $1.09 37700 114900 630000 329000 115000 Cash provided by operations $94900 Net income 36795 Salaries and wages payable Stockholders' equity Total current assets Total current liabilities 8600 243000 301000 125000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:The following balances and amounts were taken from the financial statements of Concord, Inc.
The data are presented in alphabetical order.
Accounts payable
$36700
Accounts receivable
37700
Average common shares outstanding 22300
Average current liabilities
114900
Average and total assets
Average total liabilities
Cash
How much is earnings per share?
$0.15
O $1.65
$0.58
$1.09
630000
329000
115000
Cash provided by operations $94900
Net income
36795
Salaries and wages payable
8600
Stockholders' equity
243000
Total current assets
Total current liabilities
301000
125000
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