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Here is the income statement for Sheridan, Inc. Additional information: 1. Common stock outstanding January 1, 2022, was 43,200 shares, and 47,200 shares were outstanding
Here is the income statement for Sheridan, Inc. Additional information: 1. Common stock outstanding January 1, 2022, was 43,200 shares, and 47,200 shares were outstanding at December 31, 2022. (Use a simple average for weighted-average.) 2. The market price of Sheridan stock was $14 on December 31, 2022 3. Cash dividends of $24,400 were declared and paid. Additional information: 1. Common stock outstanding January 1, 2022, was 43,200 shares, and 47,200 shares were outstanding at December 31, 2022. (Use a simple average for weighted-average.) 2. The market price of Sheridan stock was \$14 on December 31, 2022 3. Cash dividends of $24,400 were declared and paid. Compute the following measures for 2022. (Round Earnings per share to 2 decimal places, e.g. 1.65, and all other answers to 1 decimal place, e.g. 6.8 or 6.8%.) (a) Earnings per share \$ (b) Price-earnings ratio times (c) Payout ratio % (d) Times interest earned times
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