Please do not give solution in image format thanku Net salesCost of goods soldGross profitExpenses (including $16,100 interest and $21,900 income taxes)Net incomeAdditional information:1.2.3.Income StatementFor the Year Ended December 31, 2022(a)(b)Compute the following measures for 2022. (Round earnings per share to 2 decimal places, e.g. 1.83 and all answers to 1 decimal places, e.g.1.8 or 2.5%)$420,100235.100185,00072,500Common stock outstanding January 1, 2022, was 22,400 shares, and 36,600 shares were outstanding at December 31, 2022.(Use a simple average for weighted-average.)The market price of Windsor stock was $12 on December 31, 2022.Cash dividends of $22,600 were declared and paid.Earnings per share$112.500Price-earnings ratiotimes

Ratio analysis helps to analyze the financial statements of the company. The management can take…

Net sales Cost of goods sold Gross profit Expenses (including $16,100 interest and $21,900 income taxes) Net income Additional information: 1. Income Statement For the Year Ended December 31, 2022 Common stock outstanding January 1, 2022, was 22,400 shares, and 36,600 shares were outstanding at December 31, 2022. (Use a simple average for weighted-average.) The market price of Windsor stock was $12 on December 31, 2022. 3. Cash dividends of $22,600 were declared and paid. 2. (a) Compute the following measures for 2022. (Round earnings per share to 2 decimal places, e.g. 1.83 and all answers to 1 decimal places, e.g. 1.8 or 2.5%) (b) $420,100 235.100 185,000 72,500 $112.500 Earnings per share Price-earnings ratio times

Net sales Cost of goods sold Gross profit Expenses (including $16,100 interest and $21,900 income taxes) Net income Additional information: 1. Income Statement For the Year Ended December 31, 2022 Common stock outstanding January 1, 2022, was 22,400 shares, and 36,600 shares were outstanding at December 31, 2022. (Use a simple average for weighted-average.) The market price of Windsor stock was $12 on December 31, 2022. 3. Cash dividends of $22,600 were declared and paid. 2. (a) Compute the following measures for 2022. (Round earnings per share to 2 decimal places, e.g. 1.83 and all answers to 1 decimal places, e.g. 1.8 or 2.5%) (b) $420,100 235.100 185,000 72,500 $112.500 Earnings per share Price-earnings ratio times

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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