Here is the income statement for Crane, Inc. Crane, Inc. Income Statement For the Year Ended December 31, 2025 Net sales Cost of goods sold Gross profit Expenses (including $14,800 interest and $21,600 income taxes) Net income Additional information: 1. Common stock outstanding January 1, 2025, was 20,900 shares, and 36,200 shares were outstanding at December 31, 2025. (Use a simple average for weighted-average.) The market price of Crane stock was $12 on December 31, 2025. Cash dividends of $23,600 were declared and paid. 2. 3. Compute the following measures for 2025. (Round Earnings per share to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, eg. 1.8 or 2.5%) a. b. Price-earnings ratio с Earnings per share d. $449,500 218,400 231,100 77,600 $153,500 Payout ratio Times interest earned times times
Here is the income statement for Crane, Inc. Crane, Inc. Income Statement For the Year Ended December 31, 2025 Net sales Cost of goods sold Gross profit Expenses (including $14,800 interest and $21,600 income taxes) Net income Additional information: 1. Common stock outstanding January 1, 2025, was 20,900 shares, and 36,200 shares were outstanding at December 31, 2025. (Use a simple average for weighted-average.) The market price of Crane stock was $12 on December 31, 2025. Cash dividends of $23,600 were declared and paid. 2. 3. Compute the following measures for 2025. (Round Earnings per share to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, eg. 1.8 or 2.5%) a. b. Price-earnings ratio с Earnings per share d. $449,500 218,400 231,100 77,600 $153,500 Payout ratio Times interest earned times times
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 22BEA: The income statement, statement of retained earnings, and balance sheet for Somerville Company are...
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