Here is the income statement for Crane, Inc. Additional information: 1. Cornmon stock outstanding January...
50.1K
Verified Solution
Question
Accounting
Here is the income statement for Crane, Inc. Additional information: 1. Cornmon stock outstanding January 1,2025, was 20,700 shares, and 39,800 shares were outstanding at December 31,2025 . (Use a simple average for weighted-average.) 2. The market price of Crane stock was $12 on December 31,2025. 3. Cash dividends of $19,400 were declared and paid. Compute the following measures for 2025. (Round Earnings per share to 2 decimal places, eg. 1.83 and all other answers to 1 decimal place, eg. 1.8 or 2.5%.) a. Earnings per share b. Price-earnings ratio times c. Payout rtio d. Times interest earned % times


Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.