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I need help with this part of this accounting problem for class please. Thank you very much. Shine's Companies, a home improvement store chain, reported

I need help with this part of this accounting problem for class please. Thank you very much.

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Shine'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.) Shine's has 15,000 common shares outstanding during 2018. Read the requirements. Requirement 1. Compute earnings per share (EPS) for 2018 for Shine's. Round to the nearest cent. = Begin by selecting the formula to calculate Shine's Companies' EPS. Then enter the amounts and calculate the EPS for 2018. (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 Shine's Companies' pricelearnings ratio for 2018. The market price per share of Shine's stock is $17.50. Begin by selecting the formula to calculate Shine's Companies' pricelearnings ratio. Then enter the amounts and calculate the EPS for 2018. (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.) Pricelearnings ratio 1 Requirement 3. What do these results mean when evaluating Shine's Companies' profitability? (Assume the following industry averages: EPS = $0.25, pricelearnings ratio = 9.3.) Shine's Companies' pricelearnings ratio for 2018 means that the company's stock is selling at This is The pricelearnings ratio would possibly Balance Sheets Shine's Companies Balance Sheet May 31, 2018 and 2017 Assets Liabilities 2018 2017 2018 2017 Cash $ 2,000 $ 1,600 Total Current Liabilities $ 29,000 $ 13,300 12,900 11,400 Short-term Investments 24,000 10,000 Long-term Liabilities Accounts Receivable 7,400 5,700 Total Liabilities 42,300 24,300 Merchandise Inventory 7,100 5,900 Stockholders' Equity Other Current Assets 11,000 2,100 Common Stock 10,000 10,000 Total Current Assets 31,200 17,000 51,500 32,000 All Other Assets 25,300 Retained Earnings 26,000 Total Equity 51,300 Total Liabilities and Equity 41,200 27,000 $ 83,500 $ $ 83,500 $ 51,300 Total Assets Income Statement Shine's Companies Income Statement Years Ended May 31, 2018 and 2017 2018 2017 $ 55,400 $ 38,800 Net Sales Revenue Cost of Goods Sold 23,300 25,500 Interest Expense 300 140 All Other Expenses 7,500 7,800 $ 24,300 $ 5,360 Net Income

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