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Here is the income statement for Sunland, Inc. Additional information: 1. Common stock outstanding January 1,2025 , was 22,500 shares, and 35,800 shares were outstanding
Here is the income statement for Sunland, Inc. Additional information: 1. Common stock outstanding January 1,2025 , was 22,500 shares, and 35,800 shares were outstanding at December 31 , 2025. (Use a simple average for weighted-average.) 2. The market price of Sunland stock was $15 on December 31,2025. 3. Cash dividends of $23,600 were declared and paid. 2. The market price of Sunland stock was $15 on December 31, 2025. 3. Cash dividends of $23,600 were declared and paid. Compute the following measures for 2025. (Round Earnings per share to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%. a. Earnings per share $ b. Price-earnings ratio times c. Payout ratio % d. Times interest earned times
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