Business
Business, 06.06.2020 15:59, jahnoibenjamin

Here is the income statement for Tamarisk, Inc. TAMARISK, INC. Income Statement For the Year Ended December 31, 2022 Sales revenue $414,600 Cost of goods sold 232,500 Gross profit 182,100 Expenses (including $16,700 interest and $27,200 income taxes) 84,100 Net income $ 98,000 Additional information: 1. Common stock outstanding January 1, 2022, was 21,800 shares, and 38,100 shares were outstanding at December 31, 2022. 2. The market price of Tamarisk stock was $13 in 2022. 3. Cash dividends of $24,000 were paid, $3,800 of which were to preferred stockholders. Compute the following measures for 2022. (Round all answers to 2 decimal places, e. g. 1.83 or 2.51%)

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Here is the income statement for Tamarisk, Inc. TAMARISK, INC. Income Statement For the Year Ended D...

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