pu 10 of 10 (0 complete) S12-10 (similar to) The annual report of Ferguson Cars, Inc. for the year ended December 31, 2018, included the following items (in millions) E (Click the icon to view the items on the annual report) 1. Calculate earnings per share (EPS) and the price-earnings ratio for Ferguson Cars' stock. Round to the nearest cent The price of a share of the company's stock is $10.20. How much does the stock market say $1 of Ferguson Cars' net income is worth? 2. 1.Calculate earnings per share (EPS) and the price-earnings ratio for Ferguson Cars' stock. Round to the nearest cent. The price of a share of the company's stock is $10.20 Select the formulas and then calculate each ratio. (Abbreviation used; P/E = Price-earnings. Round your answers to two decimal places, XXX) Ratio Formula Amount EPS PIE ratio V Current assets / Current liabilities Dividend per share of common stock /Market price per share of common stock Market price per share / Earnings per share Net income / Net sales (Net income + Interest expense) / Average assets (Net income - Preferred dividends) / Average common equity (Net income - Preferred dividends) / Average number of common shares outstanding Total assets / Total liabilities Total liabilities / Total assets (Total stockholders' equity - Preferred equity) / Average number of common shares outstanding pu 10 of 10 (0 complete) S12-10 (similar to) The annual report of Ferguson Cars, Inc. for the year ended December 31, 2018, included the following items (in millions) E (Click the icon to view the items on the annual report) 1. Calculate earnings per share (EPS) and the price-earnings ratio for Ferguson Cars' stock. Round to the nearest cent The price of a share of the company's stock is $10.20. How much does the stock market say $1 of Ferguson Cars' net income is worth? 2. 1.Calculate earnings per share (EPS) and the price-earnings ratio for Ferguson Cars' stock. Round to the nearest cent. The price of a share of the company's stock is $10.20 Select the formulas and then calculate each ratio. (Abbreviation used; P/E = Price-earnings. Round your answers to two decimal places, XXX) Ratio Formula Amount EPS PIE ratio V Current assets / Current liabilities Dividend per share of common stock /Market price per share of common stock Market price per share / Earnings per share Net income / Net sales (Net income + Interest expense) / Average assets (Net income - Preferred dividends) / Average common equity (Net income - Preferred dividends) / Average number of common shares outstanding Total assets / Total liabilities Total liabilities / Total assets (Total stockholders' equity - Preferred equity) / Average number of common shares outstanding