Business
Business, 03.03.2020 17:30, katelynbychurch

SHAMROCK, INC. Income Statement For the Year Ended December 31, 2017 $417,000 223,000 194,000 Sales revenue Cost of goods sold Gross profit Expenses (including $16,700 interest and $22,900 income taxes) Net income 79,000 $115,000 Additional information: 2017, was 29,100 shares, and 39,900 shares were outstanding at December 31, 2017, 1. Common stock outstanding January 1, 2. The market price of Shamrock stock was $14 in 2017 3. Cash dividends of $25,000 were paid, $4,500 of which were to preferred stockholders Compute the following measures for 2017. (Round all answers to 2 decimal places, e. g. 1.83 or 2.51%) de (a) Earnings per share (b) Price-earnings ratio (c) Payout ratio (d) Times interest earned times times

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SHAMROCK, INC. Income Statement For the Year Ended December 31, 2017 $417,000 223,000 194,000 Sales...

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