Triumph's Companies, a home improvement store chain, reported the following summarized figures: (Click the icon to view the income statement.) (Click the icon to view the balance sheets.) Triumph's has 20,000 common shares outstanding during 2018. Read the requirements. Requirement 1. Compute eamings per share (EPS) for 2018 for Triumph's. Round to the nearest cent. Begin by selecting the formula to calculate Triumph's Companies' EPS. Then enter the amounts and calculate 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, $X.XX.) J = EPS (L Requirement 2. Compute Triumph's Companies' price/eamings ratio for 2018. The market price per share of Triumph's stock is $14.00. Begin by selecting the formula to calculate Triumph's Companies' priceleamings ratio. Then enter the amounts and calculate 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. Round your answer to two decimal places, = Price/eamings ratio Requirement 3. What do these results mean when evaluating Triumph's Companies' profitability ? (Assume the following industry averages: EPS = $0.25. price/eamings ratio = 9.3.) Triumph's Companies' price/eamings ratio for 2018 means that the company's stock is selling at - This is the price/amings ratio would possibly A Balance Sheets i Income Statement Triumph's Companies Balance Sheet May 31, 2018 and 2017 Triumph's Companies Income Statement Years Ended May 31, 2018 and 2017 2018 Assets 2018 Liabilities 2018 2017 2017 $ Net Sales Revenue Cost of Goods Sold Interest Expense All Other Expenses Net Income 43,700 $ 22,500 200 6,200 14,800 $ 39,800 25,500 140 7,100 7,060 Cash Short-term Investments Accounts Receivable Merchandise Inventory Other Current Assets Total Current Assets All Other Assets 2,500 $ 24,000 7,200 7,200 7,000 13,100 10,500 23,600 2017 1,200 11,000 5,700 7,200 2,500 27,600 Total Current Liabilities $ 25,000 $ Long-term Liabilities 12,500 Total Liabilities 37,500 Stockholders' Equity Common Stock 8,000 Retained Eamings 30,400 38,400 Total Liabilities and $ 75,900 $ Equity $ 27,000 8,000 23,000 31,000 54,600 47,900 28,000 75,900 $ Total Equity Print Done $ 54,600 Total Assets Choose from any list or enter any number in the input fields and then continue to the next que Print Done