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Blossom, Inc. Income Statement For the Year Ended December 31, 2025 Net sales $400,000 Cost of goods sold 200,000 Gross profit 200,000 Expenses (including
Blossom, Inc. Income Statement For the Year Ended December 31, 2025 Net sales $400,000 Cost of goods sold 200,000 Gross profit 200,000 Expenses (including $10,000 interest and $20,000 income taxes) 70,000 Net income $130,000 Additional information: 1. Common stock outstanding January 1, 2025, was 20,000 shares, and 35,000 shares were outstanding at December 31, 2025. (Use a simple average for weighted-average.) 2. The market price of Blossom stock was $12 on December 31, 2025. 3. Cash dividends of $19,000 were declared and paid. Compute the following measures for 2025. (Round Earnings per share to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%) a. Earnings per share b. Price-earnings ratio C Payout ratio d. Times interest earned times % times
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