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Phelps, Incorporated had assets of $101,466, liabilities of $21,646, and 14,838 shares of outstanding common stock at December 31, 2020. Net income for 2020 was
Phelps, Incorporated had assets of $101,466, liabilities of $21,646, and 14,838 shares of outstanding common stock at December 31, 2020. Net income for 2020 was $10,980. The company had assets of $119,151, liabilities of $25,971, 12,031 shares of outstanding common stock, and Its stock was trading at a price of $10 per share at December 31, 2021. Net income for 2021 was $11.203. Required: a. Calculate EPS for 2021. b. Calculate ROE for 2021. c. Calculate the Price/Earnings Ratio for 2021. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate EPS for 2021. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) EPS Required A Required B > Phelps, Incorporated had assets of $101,466, liabilities of $21,646, and 14,838 shares of outstanding common stock at December 31, 2020. Net income for 2020 was $10,980. The company had assets of $119,151, liabilities of $25,971, 12,031 shares of outstanding common stock, and its stock was trading at a price of $10 per share at December 31, 2021. Net income for 2021 was $11,203. Required: a. Calculate EPS for 2021. b. Calculate ROE for 2021. c. Calculate the Price/Earnings Ratio for 2021. Complete this question by entering your answers in the tabs below. Required A Required 8 Required C Calculate ROE for 2021. (Round your answer to 1 decimal place.) ROE % Phelps, Incorporated had assets of $101,466, liabilities of $21,646, and 14,838 shares of outstanding common stock at December 31, 2020. Net income for 2020 was $10,980. The company had assets of $119,151, liabilities of $25,971, 12,031 shares of outstanding common stock, and its stock was trading at a price of $10 per share at December 31, 2021. Net income for 2021 was $11,203 Required: a. Calculate EPS for 2021. b. Calculate ROE for 2021. c. Calculate the Price/Earnings Ratio for 2021. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate the Price/Earnings Ratio for 2021. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Price/Earnings Ratio
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