. "' a The annual report of Timeless Cars Inc. for the year ended December 31. 2020. included the following items (in thousands): Preferred shares outstanding. $4; 5,000 issued ..... $ 600 ~ - Net income ........................ . ......... $ 1.800 Number of common shares outstanding ....... . . . . _ 250 1. Compute earnings per share (EPS) and the price/earnings ratio for Timeless Care's common shares. Round to the nearest cent. The price of a common share of Timeless Cars is $78.00. 2. How much does the stock market say $1 of Timeless Care's net income is worth? 1. Compute earnings per share (EPS) and the priceiearnings ratio for Timeless Care's common shares. Round to the nearest cent. The price of a common share of Timeless Cars is $78.00. (Round your answer to the'ne'arest cent.) The EPS for Timeless Cars is $D. The priceleamings ratio for Timeless Cars is D. (Round your answer to two decimal places.) 2. How much does the stock market say $1 of Timeless Cers's net income is worth? (Round your answer to the nearest cent.) The stock market says that $1 of Timeless Cars's net income is worth $3