Business, 05.05.2020 09:07, ella3714

Here is the income statement for Windsor, Inc.
WINDSOR, INC.
Income Statement
For the Year Ended December 31, 2017
Sales revenue $420,100
Cost of goods sold 235,100
Gross profit 185,000
Expenses (including $16,100 interest and $21,900 income taxes) 72,500
Net income $ 112,500
Additional information:
1. Common stock outstanding January 1, 2017, was 22,400 shares, and 36,600 shares were outstanding at December 31, 2017.
2. The market price of Windsor stock was $12 in 2017.
3. Cash dividends of $22,600 were paid, $4,600 of which were to preferred stockholders.
Required:
Compute the following measures for 2017. (Round all answers to 2 decimal places, eg. 1.83 or 2.51%)
(a) Earnings per share
(b) Price-earnings ratio times
(c) Payout ratio
(d) Times interest earned times

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 12:40, abilovessoftball

Which of the following tasks would be a line cook's main responsibility? oa. frying french fries ob. chopping onions oc. taking inventory of stocked dry goods od. paying invoices

Answers: 2

continue

Business, 22.06.2019 15:00, shakaylaousley1997

Portia grant is an employee who is paid monthly. for the month of january of the current year, she earned a total of $8,388. the fica tax for social security is 6.2% of the first $118,500 earned each calendar year and the fica tax rate for medicare is 1.45% of all earnings. the futa tax rate of 0.6% and the suta tax rate of 5.4% are applied to the first $7,000 of an employee's pay. the amount of federal income tax withheld from her earnings was $1,391.77. what is the total amount of taxes withheld from the portia's earnings?

Answers: 2

continue

Business, 22.06.2019 17:30, gghkooo1987

An essential element of being receptive to messages is to have an open mind true or false

Answers: 2

continue

Business, 23.06.2019 02:00, deboahsouthall

Create a list of five action verbs you might use on a job application to describe skills and/or work history. here are some examples: (organized, produced, selected, coordinated, contributed). find five other than the examples.

Answers: 3

continue

Do you know the correct answer?

Here is the income statement for Windsor, Inc.
WINDSOR, INC.
Income Statement
Fo...