Here is the income statement for Sandhill, Inc. Net sales Cost of goods sold Gross profit Expenses (including $16,200 interest and $22.500 income taxes) Net Income Additional information: 1 2 3 b. Sandhill, Inc. Income Statement For the Year Ended December 31, 2025 C d Compute the following measures for 2025. (Round Earnings per share to 2 decimal places, eg 1.83 and all other answers to 1 decimal place g. 18 or 2.5%) Common stock outstanding January 1, 2025, was 26,700 shares, and 36,000 shares were outstanding at December 31, 2025 (Use a simple average for weighted-average) The market price of Sandhill stock was $13 on December 31, 2025. Cash dividends of $24,200 were declared and paid Earnings par share Price-earnings ratio Payout ratio $431,600 234,300 197,300 75,200 $122,100 Times interest earned $ times times

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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F1

Here is the income statement for Sandhill, Inc.
Net sales
Cost of goods sold
Gross profit
Expenses (including $16,200 interest and $22.500 income taxes)
Net income
Additional information:
1
2
3
b.
Sandhill, Inc.
Income Statement
For the Year Ended December 31, 2025
C.
Compute the following measures for 2025. (Round Earnings per share to 2 decimal places, eg 1.83 and all other answers to 1 decimal place.
eg. 18 or 2.5%)
d.
Common stock outstanding January 1, 2025, was 26,700 shares, and 36,000 shares were outstanding at December 31, 2025.
(Use a simple average for weighted-average)
The market price of Sandhill stock was $13 on December 31, 2025.
Cash dividends of $24,200 were declared and paid.
Earnings per share
Price-earnings ratio
Payout ratio
$431,600
234,300
197,300
75,200
$122,100
Times interest camed
$
times
times
Transcribed Image Text:Here is the income statement for Sandhill, Inc. Net sales Cost of goods sold Gross profit Expenses (including $16,200 interest and $22.500 income taxes) Net income Additional information: 1 2 3 b. Sandhill, Inc. Income Statement For the Year Ended December 31, 2025 C. Compute the following measures for 2025. (Round Earnings per share to 2 decimal places, eg 1.83 and all other answers to 1 decimal place. eg. 18 or 2.5%) d. Common stock outstanding January 1, 2025, was 26,700 shares, and 36,000 shares were outstanding at December 31, 2025. (Use a simple average for weighted-average) The market price of Sandhill stock was $13 on December 31, 2025. Cash dividends of $24,200 were declared and paid. Earnings per share Price-earnings ratio Payout ratio $431,600 234,300 197,300 75,200 $122,100 Times interest camed $ times times
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