The annual report of Classy Cars, Inc., for the year ended December 31, 2018, included the following items in millions): (Click the icon to view the items on the annual report.) 1. 2. Calculate earnings per share (EPS) and the price-earnings ratio for Classy Cars' stock. Round to the nearest cent. The price of a share of the company's stock is $18.84. How much does the stock market say $1 of Classy Cars' net income is worth? 1.Calculate earnings per share (EPS) and the price-earnings ratio for Classy Cars' stock. Round to the nearest cent. The price of a share of the company's stock is $18.84. Select the formulas and then calculate each ratio. (Abbreviation used; P/E = Price-earnings. Round your answers to two decimal places, X.XX.) Ratio Formula Amount EPS P/E ratio X Data Table - $ 400 Preferred stock outstanding, 1% Net income Average number of shares of common stock outstanding $ 1,100 700 Print Done Done Choose from any list or enter any number in the input fields and then click Check Answer. part remaining 1 Clear All