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TAMARISK, INC. Income Statement For the Year Ended December 31, 2019 Sales revenue Cost of goods sold Gross profit Expenses (including $16,700 interest and $27,200

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TAMARISK, INC. Income Statement For the Year Ended December 31, 2019 Sales revenue Cost of goods sold Gross profit Expenses (including $16,700 interest and $27,200 income taxes) $414,600 232,500 182,100 84,100 $ 98,000 Net income Additional information: 1. Common stock outstanding January 1, 2019, was 21,800 shares, and 38,100 shares were outstanding at December 31, 2019. 2. The market price of Tamarisk stock was $13 in 2019. 3. Cash dividends of $24,000 were paid, $3,800 of which were to preferred stockholders. Compute the following measures for 2019. (Round all answers to 2 decimal places, e.g. 1.83 or 2.51%) (a) Earnings per share (b) Price-earnings ratio times (c) Payout ratio (d) Times interest earned times

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