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As of December 2021, you are researching Jonesh International, a company subject to cyclical demand for its services. Jonesh share closed at $67.95 on December

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As of December 2021, you are researching Jonesh International, a company subject to cyclical demand for its services. Jonesh share closed at $67.95 on December 31,2021 . You believe the 2017 - 2021 period reasonably captures average profitability: (10 points) 1. Define normalized EPS. 2. Calculate a normalized EPS for Jonesh based on the method of historical average EPS and then calculate the P/E based on normalized EPS. 3. Calculate a normalized EPS for Jonesh based on the method of average ROE and the P/E based on normalized EPS

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