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Phelps, Inc, had assets of $104,848, liabilities of $22.264, and 15.250 shares of outstanding common stock at December 31, 2017 Net Income for 2017 was
Phelps, Inc, had assets of $104,848, liabilities of $22.264, and 15.250 shares of outstanding common stock at December 31, 2017 Net Income for 2017 was $11.285. The company had assets of $123,109, liabilities of $26,713, 12,157 shares of outstanding common stock, and its stock was trading at a price of $10 per share at December 31, 2018. Net Income for 2018 was $11.324. Required: a. Calculate EPS for 2018 b. Calculate ROE for 2018 c. Calculate the Price/Earnings Ratio for 2018. Complete this question by entering your answers in the tabs below. Required Required Required ABC Calculate EPS for 2018. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) EPS Required A Required B >
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