subject
Business, 03.07.2020 18:01 lolololol21

Here is the income statement for Tamarisk, Inc. TAMARISK, INC.
Income Statement
For the Year Ended December 31, 2022
Sales revenue $419,200
Cost of goods sold 251,500
Gross profit 167,700
Expenses (including $14,200 interest and $28,000 income taxes) 73,500
Net income $ 94,200
Additional information:
1. Common stock outstanding January 1, 2022, was 24,400 shares, and 39,100 shares were outstanding at December 31, 2022.
2. The market price of Tamarisk stock was $12 in 2022.
3. Cash dividends of $22,800 were paid, $5,300 of which were to preferred stockholders.
Compute the following measures for 2022. (Round all answers to 2 decimal places, e. g. 1.83 or 2.51%)
(a) Earnings per share $enter earnings per share in dollars
(b) Price-earnings ratio enter price-earnings ratio in times times
(c) Payout ratio enter payout ratio in percentages %
(d) Times interest earned enter times interest earned times

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 19:30
When it is 4: 00 a.m. in halifax, it is 1: 00 p.m. in karachi, and when it is 9: 00 a.m. in karachi, it is 5: 00 a.m. in warsaw. mary left halifax to fly to karachi, but she accidentally left her watch on warsaw time. according to mary’s watch, she left halifax at 9: 40 p.m. on monday. the local time when she arrived at karachi was 3: 00 p.m. tuesday. how long was mary’s flight? a. 9 hours, 20 minutes b. 13 hours, 20 minutes c. 14 hours, 20 minutes d. 17 hours, 20 minutes
Answers: 1
question
Business, 22.06.2019 20:50
Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?
Answers: 3
question
Business, 22.06.2019 22:30
When the price is the equilibrium price, we would expect there to be a causing the market to put pressure on the price until it went back to the equilibrium price. a. above; surplus; upward b. above; shortage; downward c. below; surplus; upward d. below; shortage; downward e. above; surplus; downward?
Answers: 2
question
Business, 22.06.2019 23:30
What is the difference between career options in the law enforcement pathway and career options in the correction services pathway?
Answers: 1
You know the right answer?
Here is the income statement for Tamarisk, Inc. TAMARISK, INC.
Income Statement
For t...
Questions
question
Mathematics, 22.11.2020 14:40
question
Mathematics, 22.11.2020 14:40
question
Mathematics, 22.11.2020 14:40
question
Mathematics, 22.11.2020 14:40
question
Mathematics, 22.11.2020 14:40
question
History, 22.11.2020 14:40