The annual report of Ferguson 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. Calculate earnings per share (EPS) and the price-earnings ratio for Ferguson Cars' stock. Round to the nearest cent. The price of a share of the company's stock is $25.00 2. How much does the stock market say $1 of Ferguson Cars' net income is worth? 1.Calculate earnings per share (EPS) and the price-earnings ratio for Ferguson Cars' stock. Round to the nearest cent. The price of a share of the company's stock is $25.00 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 - Data Table Preferred stock outstanding, 1% $ 100 Net income $ 500 Average number of shares of common stock outstanding 200