Business, 05.05.2020 04:46, talia43

Here is the income statement for Skysong, Inc. SKYSONG, INC. Income Statement For the Year Ended December 31, 2017 Sales revenue Cost of goods sold Gross profit Expenses (including $16,700 interest and $26,400 income taxes) _83,500 Net income $404,100 234,000 170,100 86,600 Additional information: 1. Common stock outstanding January 1, 2017, was 24,700 shares, and 37,100 shares were outstanding at December 31, 2017 2. The market price of Skysong stock was $14 in 2017. 3. Cash dividends of $22,900 were paid, $4,900 of which were to preferred stockholders. Compute the following measures for 2017 Round earnings per share to 2 decimal places e g 1 83 and all other a swers t 1 decima piace, e9-18 or 2.5% (a) Earnings per share s (b) Price-earnings ratio (c) Payout ratio times (d) Times interest earned times

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Here is the income statement for Skysong, Inc. SKYSONG, INC. Income Statement For the Year Ended Dec...