eas Question Help SD-10 (similar to) Ache Companies alone mprovechan ported the following summer Co the son to woment) Aversas 15.000 common shares standing during 2018 Readers Requirement 1. Compleaning per share (EPS} for 2018 for chew. Round the restent Begin by electing the folosite Ace Comores EPs. Thenter the amounts and cate the EPs for 2018 At Word of CSO Growth mulare per thares of common stock Complete all put how her for balance whale Hound your rowerowe XX) UPS i Income Statement Achieve's Companies Income Statement Years Ended May 31, 2018 and 2017 2018 2017 Net Sales Revenue 42,400 $ 39,800 Cost of Goods Sold 20,800 24,900 Interest Expense 300 140 All Other Expenses 7,500 7,800 $ Net Income 13,800 $ 6,960 Print Done tore chain, reported the following summarized figures: ent) mding a i Balance Sheets (EPS) Achieve's Companies Balance Sheet hleve's er shat Verage May 31, 2018 and 2017 Assets Liabilities 2018 2017 2018 2017 Cash $ 2,300 $ 13,000 10,400 Short-term Investments 1,700 Total Current Liabilities $ 25,000 $ 13,000 Long-term Liabilities 13,900 5,500 Total Liabilities 38.900 9.700 Stockholders' Equity 25,000 7,200 7,100 10,000 23.400 2,300 Common Stock Accounts Receivable Merchandise Inventory Other Current Assets Total Current Assets All Other Assets Total Assets 9,000 37.700 9,000 25,800 32,200 Retained Earnings 51,600 34,000 26,000 Total Equity 46,700 34,800 85,600 $ 58,200 Total Liabilities and Equity $ 58,200 85,600 $ Print Done lick C Clear All chieve's. Round to the nearest cent. PS. The tock. Cd i Requirements X er of CSC arest cer 1. Compute earnings per share (EPS) for 2018 for Achieve's. Round to the nearest cent. 2. Compute Achieve's Companies' price/earnings ratio for 2018. The market price per share of Achieve's stock is $13.50. 3. What do these results mean when evaluating Achieve's Companies' profitability? Print Done