Phelps, Inc. had assets of $94,702, liabilities of $20,410, and 14,014 shares of outstanding common stock at December 31, 2015. Net income for 2015 was $10,370. The company had assets of $111,235, liabilities of $24,487, 11,779 shares of outstanding, and its stock was trading at a price of $10 per share at December 31, 2016. Net income for 2016 was $10,961.

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.)