Phelps, Inc. had assets of $81,174, liabilities of $17,938, and 12,366 shares of outstanding common stock at December 31, 2015. Net income for 2015 was $9,151. The company had assets of $95,403, liabilities of $21,519, 11,275 shares of outstanding, and its stock was trading at a price of $10 per share at December 31, 2016. Net income for 2016 was $10,477.

Required:
a.	Calculate EPS for 2016. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

b.	Calculate ROE for 2016. (Round your answer to 1 decimal place.)

c.	Calculate the Price/Earnings Ratio for 2016. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)