Data Table Fable - Triumph's Companies Income Statement Years Ended May 31, 2016 and 2015 2016 2015 Net Sales Cost of Goods Sold Interest Expense All Other Expenses $ 55,400,000 $ 39,800,000 21,200,000 30,600,000 600,000 570,000 6,200,000 7,100,000 $ 27,400,000 $ 1,530,000 Net Income Print Done i Data Table Triumph's Companies Balance Sheet May 31, 2016 and 2015 Assets Liabilities 2016 2016 2015 2015 Cash $ 13,100,000 10,700,000 2,500,000 $ 25,000,000 7,600,000 7,000,000 8,000,000 Short-term Investments Accounts Receivable Merchandise Inventory Other Current Assets Total Current Assets 23,800,000 1,900,000 Total Current Liabilities $ 29,000,000 $ 14,000,000 Long-term Liabilities 13,300,000 5,700,000 Total Liabilities 42,300,000 9,700,000 Stockholders' Equity 9,000,000 33,600,000 Retained Earnings 32,800,000 41,800,000 62,600,000 Total Liabilities and Equity $ 84,100,000 $ 2,300,000 Common Stock 9,000,000 29,800,000 38,800,000 50,100,000 34,000,000 84,100,000 $ All Other Assets 29,000,000 Total Equity $ Total Assets 62,600,000 Print Done Triumph's has 500,000 common shares outstanding during 2016. Requirements 1. Compute earnings per share (EPS) for 2016 for Triumph's. Round to the nearest cent. 2. Compute Triumph's Companies' price/earnings ratio for 2016. The market price per share of Triumph's stock is $69.50. 3. What do these results mean when evaluating Triumph's Companies' profitability? Requirement 2. Compute Triumph's Companies' pricelearnings ratio for 2016. The market price per share of Triumph's stock is $69.50. Begin by selecting the formula to calculate Triumph's Companies' price/earnings ratio. Then enter the amounts and calculate the EPS for 2016. (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. Round your answer to two decimal places, X.XX.) = Price/earnings ratio Requirement 3. What do these results mean when evaluating Triumph's Companies' profitability? (Assume the following industry averages: EPS = $2.81, pricelearnings ratio = 22.3.) This is The amount of earnings per Triumph's Companies' pricelearnings ratio for 2016 means that the company's stock is selling at share would possibly Choose from any list or enter any number in the input fields and then continue to the next question. Triumph'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.) Triumph's has 500,000 common shares outstanding during 2016. Requirements 1. Compute earnings per share (EPS) for 2016 for Triumph's. Round to the nearest cent. 2. Compute Triumph's Companies' pricelearnings ratio for 2016. The market price per share of Triumph's stock is $69.50. What do these results mean when evaluating Triumph's Companies' profitability? 3. Requirement 1. Compute earnings per share (EPS) for 2016 for Triumph's. Round to the nearest cent. Begin by selecting the formula to calculate Triumph's Companies' EPS. Then enter the amounts and calculate the EPS for 2016. (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 "0" for balance with a zero value. Round your answer to the nearest cent, $X.XX.) EPS Requirement 2. Compute Triumph's Companies' pricelearnings ratio for 2016. The market price per share of Triumph's stock is $69.50. Begin by selecting the formula to calculate Triumph's Companies' pricelearnings ratio. Then enter the amounts and calculate the EPS for 2016. (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. Round your answer to two decimal places, X.XX.) Choose from any list or enter any number in the input fields and then continue to the next
