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Here is the income statement for Shamrock, Inc. SHAMROCK, INC. Income Statement For the Year Ended December 31, 2022 Sales revenue $417,000 Cost of goods

Here is the income statement for Shamrock, Inc.

SHAMROCK, INC. Income Statement For the Year Ended December 31, 2022

Sales revenue

$417,000

Cost of goods sold

223,000

Gross profit

194,000

Expenses (including $16,700 interest and $22,900 income taxes)

79,000

Net income

$ 115,000

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 Shamrock stock was $14 in 2022.
3. Cash dividends of $25,000 were paid, $4,500 of 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 ratio

enter price-earnings ratio in times

times
(c) Payout ratio

enter payout ratio in percentages

%
(d) Times interest earned

enter times interest earned

times

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