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solve Phelps, Incorporated had assets of $114,994, liabilities of $24,118, and 16,486 shares of outstanding common stock at Decembe 2020. Net income for 2020 was
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Phelps, Incorporated had assets of $114,994, liabilities of $24,118, and 16,486 shares of outstanding common stock at Decembe 2020. Net income for 2020 was $12,200. The company had assets of $134,983, liabilities of $28,939,12,535 shares of outstand common stock, and its stock was trading at a price of $10 per share at December 31,2021 . Net income for 2021 was $11,687. 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. Calculate EPS for 2021. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Calculate ROE for 2021. (Round your answer to 1 Complete this question by entering your answe Calculate the Price/Earnings Ratio for 2021. (Do not places.) Step by Step Solution
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