Phelps, Inc. had assets of $101,466, liabilities of $21,646, and 14,838 shares of outstanding common stock at December 31, 2015. Net income for 2015 was $10,980. The company had assets of $119,151, liabilities of $25,971, 12,031 shares of outstanding, and its stock was trading at a price of $10 per share at December 31, 2016. Net income for 2016 was $11,203 Required a. Calculate EPS for 2016. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) EPS b. Calculate ROE for 2016. (Round your answer to 1 decimal place.) ROE c. Calculate the Price/Earnings Ratio for 2016. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Price/Earnings Ratio