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The following information is available for Flint Corporation. 2017 2016 Current assets Total assets Current liabilities Total
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Answer #1

a) Earning per share = Net income-Preferred dividend/Weighted average shares

2017 2016
earning per share (75875-7000)/47500 = 1.45 (29500-7000)/25000 = 0.90

b) Current ratio and Debt ratio

2017 2016
Current ratio 55200/23000 = 2.40 45765/33900 = 1.35
Debt ratio 75000/250000 = 30% 117000/225000 = 52%

c) Free Cash flow

2017 2016
Free Cash flow 90000-7000-2000-28000 = 53000 56000-7000-1000-15000 = 33000
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