Please explain red boxes, earnings per share, price-earnings ration, payout ration.

Z] Your answer is partially correct. Try again. Here is the income statement for Splish Brothers Inc. SPLISH BROTHERS INC. Income Statement For the Year Ended December 31, 2022 Sales revenue Cost of goods sold Gross profit $443,100 241,700 201,400 78,300 Expenses (including $14,700 interest and $27,600 income taxes) Net income 123,100 Additional information: 1. Common stock outstanding January 1, 2022, was 24,200 shares, and 39,200 shares were outstanding at December 31, 2. The market price of Splish Brothers stock was $14 in 2022. 3. Cash dividends of $22,200 were paid, $5, goo 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%) 2022. (a) (b) (c) Earnings per share Price-earnings ratio Payout ratio 1.83 7.65 times