SKYSONG, INC. Income Statement For the Year Ended December 31, 2020 Sales revenue $438,400Cost of goods sold 217,900Gross profit 220,500 Expenses (including $14,000 interest and $25,200 income taxes) 89,500Net income 131,000Additional Information:1. Common stock outstanding January 1, 2020, was 26,700 shares, and 36,500 shares were outstanding at December 31, 2020. 2. The market price of Skysong stock was $15 in 2020. 3. Cash dividends of $21,300 were paid, $5,500 of which were to preferred stockholders. Required:Compute the following measures for 2020a. Earnings per share b. Price-earnings ratio c. Payout ratio d. Times interest earned

answerangel investor;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.