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

Ratios Compared with Industry Averages Because you own the common stock of Phantom Corporation, a paper manufacturer, you decide to analyze the firm's performance for the most recent year. The following data are taken from the firm's latest annual report: P12-8A. LO4 Dec. 31, 2020 Dec. 31, 2019 Quick assets. $ $ 700,000 372,000 4,788,000 552,000 312,000 Inventory and prepaid expenses Other assets. 4,200,00O $5,064,00O Total Assets $5,860,000 Current liabilities. 10% Bonds payable 8% Preferred stock, $1 00 par value Common stock, $10 par value Retained earnings $4 724,000 1,440,00o 480,000 2,700,00O 516,000 $5,860,000 564,000 1,440,000 480,000 2,160,00O 420,000 Total Liabilities and Stockholders' Equity $5,064,00o For 2020, net sales amount to $11,280,000, net income is $575,000, and preferred stock dividends paid are $42,000. Required Calculate the following ratios for 2020: 1. a. Profit margin 2. Return on assets 3. Return on common stockholders’ equity Quick ratio Current ratio 4. 5.…

The following information pertains to Sunland Company. Assume that all balance sheet amounts represent average balance figures. Total assets Stockholders' equity-common Total stockholders' equity Sales revenue Net income Number of shares of common stock Common dividends Preferred dividends What is Sunland's payout ratio? O 24.6%. O 9.6%. O 17.9%. O 37.9%. $355000 235000 294000 97000 21100 6000 5200 8500

a. Compute net income for 2020. b. Prepare a partial income statement beginning with income from continuing operations before income tax, and including appropriate earnings per share information. Assume 10,000 shares of common stock were outstanding during 2020.