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13-11 Here is the income statement for Windsor, Inc. WINDSOR, INC. Income Statement For the Year Ended December 31, 2017 Sales revenue Cost of goods

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Here is the income statement for Windsor, Inc. WINDSOR, INC. Income Statement For the Year Ended December 31, 2017 Sales revenue Cost of goods sold Gross profit Expenses (including $16,100 interest and $21,900 income $420,100 235,100 185,000 72,500 s 112,500 taxes) Net income Additional information: 1. Common stock outstanding January 1, 2017, was 22,400 shares, and 36,600 shares were outstanding at December 31, 2017 2. The market price of Windsor stock was $12 in 2017 3. Cash dividends of $22,600 were paid, $4,600 of which were to preferred stockholders. Compute the following measures for 2017, (Round all answers to 2 decimal places, e.g. 1.83 or 2.51%) (a) Earnings per share (b) Price-earnings ratio (c) Payout ratio (d) Times interest earned times times

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