O Points of Shine's Companies, a home improvement store chain, reported the following red m (Click the icon to view the income statement Click the icon to view the balance sheets Shine's has 30.000 common shares outstanding during 2018 Read the remonts Requirement 1, Compute arning per share (EPS) for 2018 for Shines Round to the nearest cant Begin by selecting the formula to calculate Shine's Companies EPS Then enter the amounts and calculate the EPS for 2016 Abron ed Weighted wg number of Cod wage rumber of comm Input bones. En for balance with a value Round your answer to the nearest cant sXXX) EPS Balance sheets Income statement Shine's Companies Sav the EPS for 2018. (Abbreviation used Weighted av number of co-wrighted werage number of comes outstanding market price per shore of CS mutat pocs per share od samen back. Complete EPS - X sheets Requirements Shina's Companies Balance Sheet May 31, 2011 and 2017 1. Computer caming porshe EPS) for 2018 for Shine Round to the 2. Cumple Shines Comparing to 2018 The market per share one who is 1. What does the Companies Assets 2015 2015 5 2017 3300 11200 22.000 5 13:00 Paint Done 2017 1200 Total Current 11 000 Long-Lab 5300 Total 2.100 S 5 2100 om met mits Rocolate 26.000 7.200 15.300 Stockholders' Equity ncome statement Shine's Companies Income Statement Years Ended May 31, 2018 and 2017 2018 2017 Net Sales Revenue 510200 $ 44,700 Cost of Goods Sold 20.800 23.700 Interest Expense 700 All Other Expenses 460 7.800 7 500 Net Income 22,200 $ 12,740 Shine's Companies Balance Sheet May 31, 2018 and 2017 Assets Liabilities 2018 2017 2018 2017 Cash 1.200 Total Current Liabilities S 22 000 $ 2,100 $ 26.000 Short-term Investments 12,900 11,200 Accounts Recolvable 7 200 24 100 Merchandise Inventory 7.100 9,000 Other Current Assets 11,000 Long-term Liabilities 13,300 5,300 Total Liabilities 35,300 6.800 Stockholders' Equity 2.500 Common Stock 12,000 26,800 Retained Earnings 36.100 24.000 Total Equity 18.100 50.800 $ Total Llabilities and Equity 83,400 5 12,000 Total Current Assets 14.700 51400 32.000 All Other Assets 26.700 50,800 Total Assets 83.400 1. Compute earnings per share (EPS) for 2018 for Shine's. Round to the nearest cent. 2. Compute Shine's Companies' price/earnings ratio for 2018. The market price per share of Shine's stock is $17.50. 3. What do these results mean when evaluating Shine's Companies' profitability