Question: Here is the income statement for Ivanhoe, Inc. Ivanhoe, Inc. Income Statement For the Year Ended December 31, 2025 Net sales $449,500 Cost of
Here is the income statement for Ivanhoe, Inc. Ivanhoe, Inc. Income Statement For the Year Ended December 31, 2025 Net sales $449,500 Cost of goods sold 211,500 Gross profit 238,000 Expenses (including $11,700 interest and $29,700 income taxes) 78,800 Net income $159,200 Additional information: 1. Common stock outstanding January 1, 2025, was 22,400 shares, and 37,300 shares were outstanding at December 31, 2025. (Use a simple average for weighted-average.) 2. The market price of Ivanhoe stock was $13 on December 31, 2025. 3. Cash dividends of $22,600 were declared and paid. 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, e.g. 1.8 or 2.5%.) a. Earnings per share $ b. Price-earnings ratio C. Payout ratio d. Times interest earned times % times
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