Question: please show work Here is the income statement for Larkspur, Inc. LARKSPUR, INC. Income Statement For the Year Ended December 31, 2022 Sales revenue $443,400

 please show work Here is the income statement for Larkspur, Inc.
please show work

Here is the income statement for Larkspur, Inc. LARKSPUR, INC. Income Statement For the Year Ended December 31, 2022 Sales revenue $443,400 Cost of goods sold 224,700 Gross profit Expenses (including $16,700 interest and $24,600 income taxes) Net income 218,700 87,600 $ 131,100 Additional information: 1. Common stock outstanding January 1, 2022, was 27,600 shares, and 36,700 shares were outstanding at December 31, 2022. 2. The market price of Larkspur stock was $15 in 2022 3. Cash dividends of $22,700 were paid, $6,900 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%) (a) Earnings per share 4.50 (b) Price-earnings ratio 3.33 times (c) Payout ratio 12.05 3.35 % times (d) Times interest earned

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