Question: Current Attempt in Progress Here is the income statement for Larkspur, Inc. LARKSPUR, INC. Income Statement For the Year Ended December 31, 2022 Sales

Current Attempt in Progress Here is the income statement for Larkspur, Inc.LARKSPUR, INC. Income Statement For the Year Ended December 31, 2022 Sales

Current Attempt in Progress Here is the income statement for Larkspur, Inc. LARKSPUR, INC. Income Statement For the Year Ended December 31, 2022 Sales revenue $405,300 Cost of goods sold 204,000 Gross profit 201,300 Expenses (including $11,200 interest and $27,300 income taxes) 94,400 Net income $106,900 Additional information: 1. Common stock outstanding January 1, 2022, was 20,700 shares, and 39,800 shares were outstanding at December 31, 2022. The market price of Larkspur stock was $12 in 2022. 2. 3. Cash dividends of $19,400 were paid, $4,800 of which were to preferred stockholders. Compute the following measures for 2022. (Round all answers to 2 decimal places, e.g. 1.83 or 2.51%) Earnings per chara

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