Victory's Companies, a home improvement store chain, reported the following summariz (Click the icon to view the income statement) (Click the icon to view the Victory's has 20,000 common shares outstanding during 2016 Read the requirements Requirement 1. Compute earnings per share (EPS) for 2018 for Victory's Round to the Begin by selecting the formula to calculate Victory's Companies EPS Then enter the am input boxes Enter a "0 for balance with a zero value Round your answer to the nearest Income statement Victory's Companies Income Statement Years Ended May 31, 2018 and 2017 Net Sales Revenue Cost of Goods Sold Interest Expense All Other Expenses Net Income 2018 2017 $ $1,200 $ 50,700 27,700 29.300 400 280 7.500 2,800 21,600 13,320 Print Done Help me solve this Calculator e Balance sheets Victory's Companies Balance Sheet May 31, 2018 and 2017 - X Requ Assets Liabilities 2018 2017 1. 2018 2017 Cash $ 2,500 $ Short-term Investments 27,000 1,900 Total Current Liabilities 10,000 Long-term Liabilities $ 22,000 $ 13.000 2. 13,100 9,800 3. Accounts Receivable 7,300 5,500 Total Liabilities 35,100 22,800 Merchandise Inventory 7,100 9,700 Stockholders' Equity 11,000 2,500 Other Current Assets Common Stock 12,000 12,000 Total Current Assets 54,900 29,600 Retained Earnings 40,800 23,800 33,000 All Other Assets 29,000 Total Equity 52,800 35,800 87,900 $ 58,600 $ 87,900 S 58,600 Total Assets Total Liabilities and Equity Print Done Requirements 1. Compute earnings per share (EPS) for 2018 for Victory's. Round to the nearest cent 2. Compute Victory's Companies' price/earnings ratio for 2018. The market price per share of Victory's stock is $17.50 3. What do these results mean when evaluating Victory's Companies' profitability? Print Done Victory'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.) Victory's has 20,000 common shares outstanding during 2018. Read the requirements C Requirement 1. Compute earnings per share (EPS) for 2018 for Victory's. Round to the nearest cent Begin by selecting the formula to calculate Victory's Companies' EPS. Then enter the amounts and calculate the EPS for 2018. (Abbreviation used: Weighted avg m input boxes. Enter a "0" for balance with a zero value. Round your answer to the nearest cent, SXXX.) EPS