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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

image text in transcribedimage text in transcribedimage text in transcribed 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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