When the firm issued its common stock what was the market


Consider the balance-sheet entries for War Eagle Corporation in Table P2.1.

(a) Compute the firm's (8 marks)

Current assets: $_____

Current liabilities: $_____

Working capital: $_____

Shareholders' equity: $_____

2

(b) If the firm had a net income of $500,000 after taxes, what is the earnings per share?

(c) When the firm issued its common stock, what was the market price of the stock per share?

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Mechanical Engineering: When the firm issued its common stock what was the market
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