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Here is the income statement for Shamrock, Inc. SHAMROCK, INC. Income Statement For the Year Ended December 31, 2017 Sales revenue Cost of goods sold

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Here is the income statement for Shamrock, Inc. SHAMROCK, INC. Income Statement For the Year Ended December 31, 2017 Sales revenue Cost of goods sold Gross proft Expenses (including $15,000 interest and $24,600 income $411,500 254,300 157,200 72,800 $ 84,400 taxes) Net income Additional information: 1. Common stock outstanding January 1, 2017, was 28,400 shares, and 35,100 shares were outstanding at December 31, 2017. 2. The market price of Shamrock stock was $15 in 2017. 3. Cash dividends of $23,900 were paid, $6,000 of which were to preferred stockholders. Compute the following measures for 2017. (Round all answers to 2 decimal places, eg, 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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