(Solved): Ivanhoe Medical manufactures hospital beds and other institutional furniture. The company's comparat ...

Ivanhoe Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow.Ivanhoe Medical Comparative Balance Sheet As of December 31 Ivanhoe Medical Comparative Income Statement and Statement of Retained Earnings For the Year (a) Calculate the earnings per share (average of 418,000 shares outstanding for the year) for 2020. ( \( R \) e.g. 2.55.) Earning per share per share eTextbook and Media (b) Calculate the price/earnings ratio (market price of \$48 at year-end) for 2020. (Round answer to 1 de Price/earnings ratio eTextbook and Media (c) Calculate the dividend payout ratio (dividends of \$1.25 per common share for the year) for 2020.( e.g. 2.5.) Dividend payout ratio \%