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

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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