Here is the income statement for Windsor, Inc. WINDSOR, INC. Income StatementFor the Year Ended December 31, 2020Sales revenue $420,100Cost of goods sold 235,100Gross profit 185,000Expenses (including $16,100 interest and $21,900 income taxes)72,500Net income $ 112,500Additional information:1. Common stock outstanding January 1, 2020, was 22,400 shares, and 36,600 shares were outstanding at December 31, 2020.2. The market price of Windsor stock was $12 in 2020.3. Cash dividends of $22,600 were paid, $4,600 of which were to preferred stockholders. Compute the following measures for 2020. (Round all answers to 2 decimal places, e. g. 1.83 or 2.51%)(a) Earnings per share(b) Payout ratio(c) Times interest earned

Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis.b)reject the null hypothesis and conclude the mean is higher than $6,000 per day.c)reject the null hypothesis and conclude the mean is lower than $6,000 per day.d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day.expert answer