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Question 1 > Score: 0 of 6 points The annual report of Fasttrack Cars Inc. for the year ended December 31, 2020, included the following
Question 1 > Score: 0 of 6 points The annual report of Fasttrack Cars Inc. for the year ended December 31, 2020, included the following items in thousands): Preferred shares outstanding, $5,5,000 issued $ 800 Net income $ 1,700 Number of common shares outstanding 550 1. Compute earnings per share (EPS) and the pricelearnings ratio for Fasttrack Cars's common shares. Round to the nearest cent. The price of a common share of Fasttrack Cars is $78.25. 2. How much does the stock market say $1 of Fasttrack Cars's net income is worth? 1. Compute eamings per share (EPS) and the price/earnings ratio for Fasttrack Cars's common shares. Round to the nearest cent. The price of a common share of Fasttrack Cars is $78.25. (Round your answer to the nearest cent.) ..... The EPS for Fasttrack Cars is $ The price/eamings ratio for Fasttrack Cars is 1 (Round your answer to two decimal places.) 2. How much does the stock market say $1 of Fasttrack Cars's net income is worth? (Round your answer to the nearest cent) The stock market says that $1 of Fasttrack Cars's net income is worth $)
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