Shown below is a partial income statement from Bill's Boat Shop, Inc.:
The weighted-average number of shares of common stock outstanding during 2012 was 30,000 shares.
Using the information above calculate the earnings per share and the times-interest-earned ratio.

Question

Shown below is a partial income statement from Bill's Boat Shop, Inc.:
  The weighted-average number of shares of common stock outstanding during 2012 was 30,000 shares.
Using the information above calculate the earnings per share and the times-interest-earned ratio.

Quizplus · Accepted Answer

The Answer of Shown below is a partial income statement from Bill's Boat Shop, Inc.:
  The weighted-average number of shares of common stock outstanding during 2012 was 30,000 shares.
Using the information above calculate the earnings per share and the times-interest-earned ratio.

Shown Below Is a Partial Income Statement from Bill's Boat