Reference no: EM132788529
Here is the income statement for Windsor, Inc.WINDSOR, INC. Income StatementFor the Year Ended December 31, 2022
Sales revenue$420,100
Cost of goods sold235,100
Gross profit185,000
Expenses (including $16,100 interest and $21,900 income taxes)72,500
Net income$ 112,500
Additional information:
1. Common stock outstanding January 1, 2022, was 22,400 shares, and 36,600 shares were outstanding at December 31, 2022.
2. The market price of Windsor stock was $12 in 2022.
3. Cash dividends of $22,600 were paid, $4,600 of which were to preferred stockholders.
Problem 1: Compute the following measures for 2022. (Round all answers to 2 decimal places, e.g. 1.83 or 2.51%)
(a) Earnings per share$
(b) Price-earnings ratio enter price-earnings ratio in times
(c) Payout ratio enter payout ratio in percentages
(d) Times interest earned enter times interest earned
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