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Phelps, Inc. had assets of $131,904, liabilities of $27,208, and 18,546 shares of outstanding common stock at December 31, 2017. Net income for 2017 was

Phelps, Inc. had assets of $131,904, liabilities of $27,208, and 18,546 shares of outstanding common stock at December 31, 2017. Net income for 2017 was $13,724. The company had assets of $154,773, liabilities of $32,649, 13,165 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 $12,292. Required: Calculate EPS for 2018. Calculate ROE for 2018. Calculate the Price/Earnings Ratio for 2018.

Calculate EPS for 2018

Calculate ROE for 2018

Calculate the Price/Earnings Ratio for 2018

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