Accel's Companies, a home improvement store chain, reported the following summarized figures:
Accel's has 10,000 common shares outstanding during 2018.
Accal's Companies, a home improvement store chain, reported the following summarized figures: (Click the icon to view the income statement.) (Cick the icon to view the balance sheets.) Acoal's has 10,000 common shares outstanding during 2018 Read the requirements Requirement 1. Compule earnings per share (EPS) for 2018 for Accel's. Round to the nearest cent. Begin by selecting the formula to calculate Accel's Companies' EPS. Then enter the amounts and calculate the EPS for 2018. (Abbreviation used: Weighted avg number of CSO = weighted average number of common shares outstanding, market price per share of CS = market price per share of common stock Complete all input boxes. Enter a ''for balance with a zero value. Round your answer to the nearest cent. SXXX.) EPS Requirement 2. Compute Accels Companies' price/earnings retio for 2018. The market price per share of Accel's stock is $12.50. Begin by selecting the formula to calculate Acond's Companies' prin carnings ratio. Then enter the amounts and calculate the EPS for 2018. (Abbreviation used: Weighted avg number of CSO = weighted average number of common shares outstanding, market price per shares of CS = market price per share of common stock. Round your answer to two decimal places, X.XX.) Proslearnings ratio Requirement 3. What do these results mean when evaluating Accel's Companies' profitabiity? (Assume the following industry averages: EPS = $0.25, pricalearnings ratio = 9.3.) Appel's Companies' pricelearnings ratio for 2018 means that the company's stock is selling at This is priceleamings ratio would possibly The Accel's Companies, a home improvement store chain, reported the following summarized figures: Click the icon to view the income statement) Click the icon to view the balance sheets.) Accells has 10,000 corrman sharns outstanding during 2016 Read the requirements Requirement 1. Compute earnings per share (EPS) for 2018 for Accel's. Round to the nearest cent. Begin by selecting the formula to calculator Acor's Companies' EPS. Then enter the arraunts and calculs market price .... C. i Balance Sheets prion per share of CS = LOVE Income Statement Accel's Companies Balance Sheet May 31, 2018 and 2017 hare Requiremel Begin by se share of CS | anding, market price per Assets 2018 Llabilities 2018 2017 2017 as rat 2017 Cash S 2,400 $ 13.200 10.300 Accel's Companies Income Statement Years Ended May 31, 2018 and 2017 2018 Net Sales Revenue $ 40,000 $ Cast of Gadis Sold 26,400 Interest Expense 600 Al Other Expenses 4,300 7,300 $ Net Income 40,500 30.600 Requireme sumer 23.500 Accel's Cor 570 8,200 Short-term Investments Accounts Receivable Merchandise Inventory Other Current Assets Total Current Assets All Other Assets 26,000 7,500 8,900 8,000 52,800 30,000 82,800 $ 900 Total Current Liabilities $ 28,000 S 9,000 Long-term Liabilities 13,900 5,200 Total Liabilities 41.900 8,600 Stockholders' Equity 1,500 Common Stock 11,000 29.900 25,200 Retained Eamninga 40,900 54,200 B2,800 S Total Liabilities and Equity 11.000 19,700 $ 1,130 20.000 Total Equity 30.700 54,200 S Print Done Total Assels Print Done
