EI OLMAMiCell 1 Uledu Exercise 13-11 x Your answer is incorrect. Try again. Here is the income statement for Eberle, Inc. EBERLE, INC. Income Statement For the Year Ended December 31, 2014 Sales revenue Cost of goods sold Gross profit Expenses (including $12,900 interest and $23,200 income taxes) Net Income $405,500 204,200 201,300 81,400 $ 119,900 Additional information: 1. Common stock outstanding January 1, 2014, was 29,400 shares, and 35,400 shares were outstanding at December 31, 2014. 2. The market price of Eberle, Inc., stock was $13 in 2014. 3. Cash dividends of $23,300 were paid, $4,700 of which were to preferred stockholders. Compute the following measures for 2014. (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 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SKILL-BUILDING Question Attemn