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Here is the income statement for Tamarisk, Inc. Please show how to do the equations. Thank you. TAMARISK, INC. Income Statement For the Year Ended

Here is the income statement for Tamarisk, Inc. Please show how to do the equations. Thank you.

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

Sales revenue

$419,200

Cost of goods sold

251,500

Gross profit

167,700

Expenses (including $14,200 interest and $28,000 income taxes)

73,500

Net income

$ 94,200

Additional information:

1. Common stock outstanding January 1, 2022, was 24,400 shares, and 39,100 shares were outstanding at December 31, 2022.
2. The market price of Tamarisk stock was $12 in 2022.
3. Cash dividends of $22,800 were paid, $5,300 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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