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Here is the incomestatement for Lily, Inc. Additional information: 1. Commonstock outstanding January 1,2022, was 21,000 shares, and 25,000 thares were outstandingat December 31,2022 (Use
Here is the incomestatement for Lily, Inc. Additional information: 1. Commonstock outstanding January 1,2022, was 21,000 shares, and 25,000 thares were outstandingat December 31,2022 (Use a simple average for weighted-average.) 2. The market price of Lily stock was $28 on December 31.2022 3. Cash dividends of $29,680 were declared and paid. Compute the following measures for 2022. (Round Eamirss per share to 2 decimal places, es. 1.65, and all other answers to 1 decimal place, c.s.8cos6.8 Additional information: 1. Common stock outstanding January 1,2022, was 21,000 shares, and 25,000 shares were outstanding at December 31, 2022 (Use a simple sverage for weighted-average) 2. The market price of Lily stock was $2 Bon December 31,2022 3. Cash dividends of $29,680 were declared and paid, Compute the following measures for 2022. (Round Eomings per share to 2 decimdl ploces, es. 1.65 , and alf other answers to 1 decimal ploce. es.68 or 6.x) (a) Earninesper share (b) Price-earnings ratio times (c) Payoutratio (d) Times interest earned times
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