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The income statement for the Monty Discount Retail Company for the year ended December 31, 2025 appears below. Sales revenue $675,000 Cost of goods
The income statement for the Monty Discount Retail Company for the year ended December 31, 2025 appears below. Sales revenue $675,000 Cost of goods sold 392,760 Gross profit 282.240 Expenses 181.440 Net income $100,800 *Includes $24,000 of interest expense and $21,600 of income tax expense. Additional information: 1. Common stock outstanding on January 1, 2025, was 50,000 shares. On July 1, 2025 10,000 more shares were issued. 2. The market price of the company's stock was $22 at the end of 2025. 3. Cash dividends of $35,700 were paid, $5,100 of which were paid to preferred stockholders. Compute the following ratios for 2025: (Round earnings per share to 2 decimal places, e.g. 2.25 and all other answers to 1 decimal place es 15.5.) (a) Earnings per share (b) Price-earnings times (c) Times interest earned times
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