Of 10 pts Question Help Acce's Companies, a home improvement store chain reported the following summased figures Pearson Teel Eick the icon to view the income sement) (Click the icon to view the balance sheets) Accel's hus 10,000 common shares outstanding during 2018 Multimedia Read the more Chapter Rese Requirements. Computeeamings per share (LPS) for 2018 for Accu's. Round to the borest cent. Dynamic Stud Modules Begin by selecting the formula to calculate Acoel's Companie EPS. Then enter the amounts and calculate the EPS for 2018. (Abbreviation used: Weighted avg number of CSO ed average number of common shares outstanding, market price per share of market price por share of common stick. Complete input boxes. Era obrance with a value Round your answer to the nearest XXX ommunicatii EPS 0 Choose from any drop-down list and then click Check Answer 4 Darts remaining Clear All Check Answer OK GUES static) i 1 Income Statement a home improvem to view the income common shares ou ents. Accel's Companies Income Statement Years Ended May 31, 2018 and 2017 2018 2017 Compute earnings pe g the formula to calcu = weighted average n or a "O" for balance wil bbreviation used: Weighte Ire of common stock. Con Net Sales Revenue $ 40,600 $ 28,400 40,500 30,600 Cost of Goods Sold Interest Expense All Other Expenses 600 570 4,300 8,200 1,130 Net Income 7,300 $ any drop-down list and Print Done Check Answer Balance Sheets Cor lick 2018 2017 ther 2018 2017 Cash $ 2,400 S treme 13,200 10,300 28,000 7,500 by se or of boxes 23,500 Short-term Investments Accounts Receivable Merchandise Inventory Other Current Asset Total Curront Assets All Other Assets avg biete all 900 Total Current Liabilities 28,000 $ 9,000 Long-term Liabilities 13,900 5,200 Total Liabilities 41,900 8,000 Stockholders' Equity 1,500 Common Stock 11,000 25,200 Retained Earnings 29,900 40.900 6.900 8,000 0 11,000 19,700 52.000 30,000 82,800 $ 29,000 Total Equity 30.700 Total Assets 54,200 Total Liabilities and Equity S 82,800 5 54,200 ose fro Print Done parts remainid el's has 10,000 common shares ad the requirements Requirements quirement 1. Compute camings gin by selecting the formula to call mber of CSO = weighted average ut boxes. Enter a "0" for balance 1. Compute earnings per share (EPS) for 2018 for Accel's. Round to the nearest cent. 2. Compute Accol's Companies' price/earnings ratio for 2018. The market price per share of Accel's stock is $12.50 3. What do these results mean when evaluating Accel's Companies' profitability? reviation used: Weig of common stock Print Done