Evaluate the common shares of Phillips Distributing Limited as an investment. Specifically, use the three share ratios to determine whether the common shares increased or decreased in attractiveness during the past year. (Click the icon to view the financial information.) Select the formulas for the ratios used to evaluate common shares as an investment, and then calculate each ratio for 2017 and 2016. (Abbreviations used: BV per share = book value per share, EPS = earnings per share, P/E = price per earnings, ROA = rate of return on total assets, ROE = rate of return on common shareholders' equity, and ROS = rate of return on net sales. Hold all decimals in your interim calculations, and round your final answers to three decimal places, X.XXX.) Ratio Formula 2017 2016 P/E ratio Market price per share / Earnings per share Dividend yield Dividend per common share / Market price per common share BV per share (Total shareholders' equity - Preferred equity) / Common shares outstanding v The shares' attractiveness in the The didn't change much. Overall, the during 2017, as shown by the attractive than they did a year ago. common shares look 2017 2016 $ 112,000 $ 104,000 31,000 23,000 Net income. Common share dividends... Total shareholders' equity at year-end (includes 86,000 common shares) Preferred shares, $13; 1,600 shares issued. 620,000 530,000 140,000 140,000 Market price per common share at year-end .. $ 23.75 $ 18.25