Question 24 Your answer is incorrect. Try again. Here is the income statement for Eberle, Inc. EBERLE, INC. Income Statement For the Year Ended December...

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Here is the income statement for Eberle, Inc.

EBERLE, INC. Income Statement For the Year Ended December 31, 2014
Sales revenue		$405,100
Cost of goods sold		230,600
Gross profit		174,500
Expenses (including $15,900 interest and $26,900 income taxes)		93,300
Net income		$ 81,200

Additional information:

1.		Common stock outstanding January 1, 2014, was 22,600 shares, and 35,500 shares were outstanding at December 31, 2014.
2.		The market price of Eberle, Inc., stock was $12 in 2014.
3.		Cash dividends of $20,700 were paid, $4,900 of which were to preferred stockholders.

Compute the following measures for 2014. (Round all answers to 2 decimal places, e.g. 1.83 or 2.51%)

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