Requirements:

Assume the following information:

Net Income or Net Profit: $$49,000$

Weighted Average Shares Outstanding: $98,000$

Net Sales: $$2,000,000$

Average Assets: $$1,600,000$

Average Stockholders' Equity: $$1,400,000$

There were no preferred dividends.

Commas will automatically populate for numerical answers. Do not include dollar signs. Round ratio answers to two decimal places.

$1.$Calculate Earnings Per Share.

than any other factor.