Question 3 of 10 Sales revenue Cost of goods sold Gross profit Expenses (including $11,300 interest and $22,500 income taxes) Net income Additional information: 1. 2. 3. (a) (b) (c) Earnings per share Price-earnings ratio 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%) Payout ratio $ $435,400 Common stock outstanding January 1, 2022, was 26,600 shares, and 38,600 shares were outstanding at December 31, 2022. The market price of Sage Hill stock was $14 at December 31, 2022. Cash dividends of $23,400 were paid, $5,000 of which were to preferred stockholders. 228,500 times % 206,900 70,900 $ 136,000 0/1

Additional information: 1. Common stock outstanding January 1,2022, was 26,600 shares, and 38,600 shares were outstanding at December 31,2022. 2. The market price of Sage Hill stock was $14 at December 31,2022. 3. Cash dividends of $23,400 were paid, $5,000 of which were to preferred stockholders: Compute the following measures for 2022. (Round earnings per share to 2 decimal places, es. 1.83 and all answers to 1 decimal places, es. 1.8 or 2.5%