The annual report of Exobic Cars inc for the year ended December $31,20$xx included the items shown $($in thousands$).$

Yew the ancual isoot.

Bead the recuitements

provided in the problem statement. Round your answer to the nearest cent.$)$

You will now calculate the pricelearnings $($P$/$E$)$ ratio. $($Round your answers to two decimal places.$)$

Annual report

Market price per

common share

EPS $=$ PIE

$1=$

Requirement $2.$ How much does the stock market say $$1$ of Exotic Cars's net income is worth? $($Round your answer to the nearest cent$)$

Preforred shares outstanding. $54$;$3,000$ issued

Net income

$$1,500$

Apourt stock market says that $$1$ of Exotic Cars's net incorne is worth:

Number of common shares outstanding

$400$