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 2024. Read the requirements. Requirement 1. Compute earnings per share (EPS) for 2024 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 2024. (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.) Income Statement Victory's Companies Income Statement Years Ended May 31, 2024 and 2023 2024 2023 Net Sales Revenue 51,200 $ 41,100 Cost of Goods Sold 22,500 28,600 Interest Expense 400 280 7,500 7,800 All Other Expenses $ 20,800 $ 4,420 Net Income Requirements EPS - 1. Compute earnings per share (EPS) for 2024 for Victory's. Round to the nearest cent. 2. Compute Victory's Companies' price/earnings ratio for 2024. The market price per share of Victory's stock is $16.00. 3. What do these results mean when evaluating Victory's Companies' profitability? Print Done