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PINA COLADA, INC. Income Statement For the Year Ended December 31, 2022 Sales revenue $498,000 Cost of goods sold 320,000 Gross profit 178.000 Expenses (including
PINA COLADA, INC. Income Statement For the Year Ended December 31, 2022 Sales revenue $498,000 Cost of goods sold 320,000 Gross profit 178.000 Expenses (including $12.500 interest and $30.900 income taxes) 100.000 Net income $78,000 Additional information: 1. Common stock outstanding January 1. 2022. was 39.500 shares, and 34.300 shares were outstanding at December 31, 2022. The market price of Gillman, Inc. stock was $15 in 2022. Cash dividends of $15.400 were paid. $5,120 of which were to preferred stockholders. Compute the following measures for 2022. (Round to 2 decimal places, eg. 17.54% or 6.25: 1 or $2.66.) (a) Earnings per share $ (b) Price-earnings ratio times (c) Payout ratio % (d) Times interest earned times Sava for Later Attempts: 0 of 1
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