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5.) Here is the income statement for Teal Mountain Inc. Additional information: 1. Common stock outstanding January 1, 2022, was 29,100 shares, and 39,900 shares
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Here is the income statement for Teal Mountain Inc. Additional information: 1. Common stock outstanding January 1, 2022, was 29,100 shares, and 39,900 shares were outstanding at December 31,2022 2. The market price of Teal Mountain stock was $14.08 in 2022. 3. Cash dividends of $27,480 were paid, $4,500 of which were to preferred stockholders. 1. Common stock outstanding January 1, 2022, was 29,100 shares, and 39,900 shares were outstanding at December 31,2022. 2. The market price of Teal Mountain stock was $14.08 in 2022 3. Cash dividends of $27,480 were paid, $4,500 of which were to preferred stockholders. Compute the following measures for 2022. (Round earnings per share to 2 decimal places, es 1.83 and all other answers to 1 decimal place, e.s. 1.8 or 2.5% ) (a) Earnings per share (b) Price-earnings ratio times (c) Payout ratio % (d) Times interest earned times Step by Step Solution
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