Here is the income statement for Pharoah, Inc. Net sales: Cost of goods sold Gross profit...
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Here is the income statement for Pharoah, Inc. Net sales: Cost of goods sold Gross profit Expenses (including $15,000 interest and $24,600 income taxes) Net income Additional information: 1. Pharoah, Inc. Income Statement For the Year Ended December 31, 2025 2. 3. $411,500 254,300 157,200 72,800 $84,400 Common stock outstanding January 1, 2025, was 28,400 shares, and 35,100 shares were outstanding at December 31, 2025. (Use a simple average for weighted-average.) The market price of Pharoah stock was $15 on December 31, 2025. Cash dividends of $23,900 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, eg. 1.8 or 2.5%) b. C. d. Earnings per share Price-earnings ratio Payout ratio Times interest earned $ times % times Here is the income statement for Pharoah, Inc. Net sales: Cost of goods sold Gross profit Expenses (including $15,000 interest and $24,600 income taxes) Net income Additional information: 1. Pharoah, Inc. Income Statement For the Year Ended December 31, 2025 2. 3. $411,500 254,300 157,200 72,800 $84,400 Common stock outstanding January 1, 2025, was 28,400 shares, and 35,100 shares were outstanding at December 31, 2025. (Use a simple average for weighted-average.) The market price of Pharoah stock was $15 on December 31, 2025. Cash dividends of $23,900 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, eg. 1.8 or 2.5%) b. C. d. Earnings per share Price-earnings ratio Payout ratio Times interest earned $ times % times
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Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1119368458
7th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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