Business, 02.06.2021 19:30 RoxanneDuartee

The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2018 and 2019, while the income statement items correspond to revenues or expenses during the year ending in either 2018 or 2019. All values are in thousands of dollars. 2018 2019
Revenue $4,000 $4,100
Cost of goods sold 1,900 2,000
Depreciation 440 460
Inventories 290 340
Administrative expenses 400 450
Interest expense 110 110
Federal and state taxes* 350 370
Accounts payable 330 405
Accounts receivable 380 440
Net fixed assets† 5,500 6,340
Long-term debt 2,900 3,330
Notes payable 821 520
Dividends paid 440 440
Cash and marketable securities 850 460

Required:
Suppose that Fincorp has 542,000 shares outstanding. What were earnings per share?

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The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-e...