s17-10 please show your work
$17-10 (similar to) Quesion Help Succeeds Companies, a home improvement store chain, reported the following summarized figures (Click the icon to view the income staternent.) F(Click the icon to view the balance sheets.) Succeed's has 25,000 common shares outstanding during 2018. Read the requirements Requirement 1. Compute eamings per share (EPS) for 2018 for Succeed's. Rournd to the nearest cent Begin by selecting the formula to calculate Succeed's Companies' EPS. Then enter the amounts and caloulate the EPS for 2018, (Abbreviation used Weighted avg number of CSO weighted average number of common shares outstanding, market price per share of CS market price per share of common stock, Complete all input boxes. Enter a "0" for balance with a zero value. Round your answer to the nearest cent, $XXX.) EPS X Requirements 1. Compute earnings per share (EPS) for 2018 for Succeed's. Round to the nearest cent 2. Compute Succeed's Companies' price/earnings ratio for 2018. The market price per share of Succeed's stock is $13.50 3. What do these results mean when evaluating Succeed's Companies profitability? Done Print Choose from any drop-down list and then click Check Answer Check Answer Clear All parts remaining 4 - X Income Statement Succeed's Companies Income Statement Years Ended May 31, 2018 and 2017 2018 2017 Net Sales Revenue 55,400 $ 43,800 .500 Cost of Goods Sold 25,500 Interest Expense 700 280 6.200 8,400 All Other Expenses 9,620 26,000 $ Net Income Done Print X Balance Sheets Succeed's Companies Balance Sheet May 31, 2018 and 2017 Liabilities Assets 2018 2017 2018 2017 1,800 Total Current Liabilities 12,800 23,000 $ 2,200 $ Cash 13,400 10,700 12,000 Long-term Liabilities 26,000 Short-term Investments 5,700 Total Liabilities 23,500 36,400 7,800 Accounts Receivable Stockholders' Equity 7,200 7,200 Merchandise Inventory 1,700 Common Stock 10,000 8,000 8,000 Other Current Assets Rotained Earnings 25,900 39,600 28,400 53,000 Total Current Assets 47,600 33,000 29,000 Total Equity 31,000 All Other Assets 57,400 84,000 $ 57,400 Total Liabilities and Equity 84,000 $ Total Assets Done Print