MARIN INC. Income Statement For the Year Ended December 31, 2022 $449,100 Sales revenue 234,600...
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MARIN INC. Income Statement For the Year Ended December 31, 2022 $449,100 Sales revenue 234,600 Cost of goods sold Gross profit 214,500 Expenses (including $15,800 interest and $25,800 income taxes) 85,000 $ 129,500 Net income Additional information: 1. Common stock outstanding January 1, 2022, was 28,200 shares, and 39,700 shares were outstanding at December 31, 2022. 2. The market price of Marin stock was $13 in 2022. Cash dividends of $20,100 were paid, $6,300 of which were to preferred stockholders. 3. Compute the following measures for 2022. (Round all answers to 2 decimal places, eg. 183 or 2.51%) 24 (a) Earnings per share (b) Price-earnings ratio times (c) Payout ratio (d) Times interest earned times
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