Calcualte the Profit Margin, Earnings per share and Price Earnings Ratio for each of these three companies. Financial Data presented in Millions. 42.5 15.95 107 Columbia 50.0 10.0 40.0 Market Price Shares outstanding Income Statement Sales Cost of Goods Sold Gross Margin Selling and Admin Income from Operations Interest Expense Earnings before taxes Income tax expense Net income Yakima 110.0 55.0 55.0 13.8 41.3 3.0 38.3 8.42 29.84 Snake 200.0 70.0 130.0 39.0 91.0 15.0 76.0 16.72 59.28 32.0 7.0 25.0 5.50 19.50 Profit Margin Earnings Per share Price Earnings Essay questions: Why is Columbia's Earnings Per Share so low when they have the highest 1 Profit Margin? And Conversly Yakima has the higest Earnings Per Share with the lowest profit margin. Explain this. 2 Comment on each company's Price Earnings Ratio