Here is the income statement for Larkspur, Inc.

LARKSPUR, INC.

Income Statement

For the Year Ended December 31, 2022

Sales revenue

$443,400

Cost of goods sold

224,700

Gross profit

218,700

Expenses (including $16,700interest and $24,600income taxes)

87,600

Net income

$131,100

Additional information:

1.Common stock outstanding January 1, 2022, was27,600shares, and36,700shares were outstanding at December 31, 2022.2.The market price of Larkspur stock was $15in 2022.3.Cash dividends of $22,700were paid, $6,900of which were to preferred stockholders.

Compute the following measures for 2022.(Round all answers to 2 decimal places, e.g. 1.83 or 2.51%)

(a)Earnings per share$enter earnings per share in dollars

(b)Price-earnings ratioenter price-earnings ratio in timestimes

(c)Payout ratioenter payout ratio in percentages%

(d)Times interest earnedenter times interest earned

times