32.Goodman’s has current assets of $2,500,000 and current liabilities of $1,000,000. If they pay $250,000 of their accounts payable, what will their new current ratio be?
33.Good Buys has current assets of $2,500,000 and current liabilities of $1,000,000. If they issue $50,000 of new stock. What will their new current ratio be?
34.A frozen yogurt business has current assets of $25,000 and current liabilities of $10,000. Its current ratio is
35.In 2017, Rigby Construction had net income $32,000; net sales $200,000; and average share outstanding $12,000. There were no preferred dividends. What was the company’s 2017 earnings per share?
36.Pembroke Company produced and sold 3,300 copiers during 2017. It reported $200,000 cash provided by operating activities. In order to maintain production at 3,300 recorders. Pembroke invested $10,200 in equipment. Pembroke paid $1,200 in dividends. What is Pembroke’s free cash flow?
37.Sol-Tex has net income of $1,300,000 and $400,000 shares outstanding. It has preferred dividends of $300,000. What are the earnings per share?
In 2017, Cooke Corporation had cash receipts of $46,000 and cash disbursements of $22,000.
Cooke’s ending cash balance at December 31, 2017, was $78,000. What was Cooke’s beginning