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please answer Current Attempt in Progress Here is the income statement for Marin Inc. MARIN INC. Income Statement For the Year Ended December 31, 2022
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Current Attempt in Progress Here is the income statement for Marin Inc. MARIN INC. Income Statement For the Year Ended December 31, 2022 Sales revenue $ 425,500 Cost of goods sold 240,400 Gross profit 185,100 Expenses (including $ 12,000 interest and $ 26,000 income taxes) 75,400 Net income $ 109,700 Additional information: 1. Common stock outstanding January 1, 2022, was 26,300 shares, and 36,100 shares were outstanding at December 31, 2022. 2. The market price of Marin stock was $ 14 at December 31, 2022. 3. Cash dividends of $ 24,000 were paid, $3,600 of which were to preferred stockholders. Compute the following measures for 2022. (Round earnings per share to 2 decimal places, e.g. 1.83 and all answers to 1 decimal places, e.g. 1.8 or 2.5%) (a) Earnings per share $ (b) Price-earnings ratio times (c) Payout ratio % (d) Times interest earned times Save for Later Attempts: 0 of 1 used SubmitStep by Step Solution
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