Comparative financial statement data of Carton Optical Mart follow (Cick on the lcon to view the income statements) Other information Market price of Carton Optical Mart common stock $13230 at December 31, 2018, and S94.64 at December 31, 2017 2 Common shares outstanding 11,000 during 2018 and 10,500 during 2017 3. All sales on credt 4. Cash dividends paid per share $1.00 in 2010 and 50.40 in 2017 1. m (Cick on the icon to view the balance sheets) Read the sauicements 14.8 2018 2848 1% 2848 2017 11.4 325 1% J Eamings per share of common stock Select the formula and then enter the amounts to calculate eamings per share (EPS) for 2018 and 2017. (Complete all answer boxes. For zere amounts, enter "0 in the appropriate cellf Round EPS to the nearest cent XXX) Prefered dividends Common shares o's Net income EPS 104.000 2018 ( 71.000 2017 ( k. Price-earnings ratio Select the formula and then enter the amounts to calculate the price eamings (PiE) ratio for 2018 and 2017. (Enter formula amounts to two decimal places, XXX. Round the PE ratios to one decimal place, XX, as needed) Market price per share of common stock Eamings per share PE ratio 2018 2017 Requirement 2. a. Decide whether Carton Optical Marts financial position improved or deteriorated during 2018. The company's financial postion during 2018 as shown by the Requirement 2. b. Decide whether the investment attractiveness of the company's common stock appears to have increased or decreased from 2017 to 2018 The common stock's attractiveness in the during 2018 as shown by the The price-eamings atio Choose from any list or enter any number in the input felds and then continue to the next question 12/10/2019 Other information 1. Market price of Carton Optical Mart common stock $132 30 at December 31, 2018, and $94 64 at December 31, 2017 Comparative financial statement data of Carton Optical Mart follow E (Cick on the icon to view the income statements) E (Cick on the kon to view the balance sheets.) 2 Common shares outstanding 11,000 during 2018 and 10,500 during 2017 3. Al sales on cred 4. Cash dividends paid per share $1.00 in 2018 and S0 40 in 2017 Read the requirements cent XXX) Common shares os Net income Preferred dividends EPS 104,000 2018 ( 71.000 2017 ( k. Price earnings ratio Select the formula and then enter the amounts to calculate the price eamings (PIE) ratio for 2018 and 2017. (Enter formula amounts to two decimal places, XXX Round the PIE ratios to one decimal place, XX as needed) Market price per share of common stock Eamings per share PE ratie 2018 2017 Requirement 2. a. Decide whether Carton Optical Marts financial position improved or deteriorated during 2018 in the The company's financial position during 2018 as shown by the Requirement 2. b. Decide whether the investment attractiveness of the company's common stock appears to have increased or decreased from 2017 to 2018. during 2018, as shown by the The price-eamings ratio The common stock's atractiveness in the Requirement 3. How will what you learned in this problem help you evaluate an investment? By analyzing the bwo-year trends in the ratios you can see whether the company's This problem gives you practice in computing and evaluating several of the ratios used in have improved or deteriorated during this period ratio values generally indicate an attractive investment, and ablities to ratio values usually signal an unatractive investment Choose trom any list or enter any number in the input fields and then continue to the next question 1/10/0 ormation Compa - X ket price of Caron Optical Mart common stock $132 30 at December 31. 2018, and $94 64 at Data Table cember 31, 2017 mmon shares outstanding 11.000 during 2010 and 10,500 during 2017 sales on credit h dvi Read Carlton Optical Mart Data Table Comparative Balance Sheets cent X December 31, 2018 and 2017 2017 2018 2016 2018 Carlton Optical Mart Current assebs 2017 Comparative Income Statements $ 46,000 $ 86.000 Cash Years Ended December 31, 2018 and 2017 k Pric 217.000 155.000 S 138.000 Current receivables net Las mula an 2018 2017 Select needed 183 000 292.000 289.000 Inventories 676.000 S 66.000 Net sales 4.000 22.000 Prepaid expenses 374.000 200.000 PE rati Cost of goods sold 559.000 552,000 Total curent assets 316.000 302.000 2018 Gross profit 277 000 283.000 Property plant, and equipment, net 146 000 133 000 2017 Operating expenses $ 842.000 S 829.000 704.000 Total assets 170.000 169 000 Income from operations Requir 31.000 45.000 Interest expense The co $ 140.000 S 110,000 120.000 Accounts payable 125.000 138.000 Income before income tax 176.000 kreased 124.000 Requir Other current labiles 34. 000 54.000 Income tax expanse 206.000 264,000 Total curent labtes 71.000 104.000 S The c Net income 248.000 233.000 Long term labilities Total labiltes 519.000 512.000 Pnt Done Requir 330,000 310.000 194 000 Common stockholders equity, no par $42 000 S 829.000 This pr Tetal abiles and stockholders equty ratio ratio values generally indicate an attractive investment and *Selected 2016 amounts values Choose Print Done