The annual report of Sweet Cars, Inc., for the year ended December 31, 2018, included the following items (in millions): EB (Click the icon to view the items on the annual report.) 1. Calculate earnings per share (EPS) and the price-earnings ratio for Sweet Cars' stock. Round to the nearest cent. The price of a share of the company's stock is $35.34. 2. How much does the stock market say $1 of Sweet Cars' net income is worth? 1.Calculate earnings per share (EPS) and the price-earnings ratio for Sweet Cars' stock. Round to the nearest cent. The price of a share of the company's stock is $35.34. Select the formulas and then calculate each ratio. (Abbreviation used; P/E = Price-earnings. Round your answers to two decimal places, XXX.) Formula Ratio EPS PIE ratio Amount Data Table Preferred stock outstanding, 7% Net income Average number of shares of common stock outstanding $ 800 $ 800 300 Print Done

Question

Answer the questions based on the Data Table.

The annual report of Sweet Cars, Inc., for the year ended December 31, 2018, included the following items (in millions):
EB (Click the icon to view the items on the annual report.)
1. Calculate earnings per share (EPS) and the price-earnings ratio for Sweet Cars' stock. Round to the nearest cent. The price of a share of the
company's stock is $35.34.
2. How much does the stock market say $1 of Sweet Cars' net income is worth?
1.Calculate earnings per share (EPS) and the price-earnings ratio for Sweet Cars' stock. Round to the nearest cent. The price of a share of the company's
stock is $35.34.
Select the formulas and then calculate each ratio. (Abbreviation used; P/E = Price-earnings. Round your answers to two decimal places, XXX.)
Formula
Ratio
EPS
PIE ratio
Amount
Data Table
Preferred stock outstanding, 7%
Net income
Average number of shares of common stock outstanding
$ 800
$ 800
300
Print Done
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Transcribed Image Text

The annual report of Sweet Cars, Inc., for the year ended December 31, 2018, included the following items (in millions): EB (Click the icon to view the items on the annual report.) 1. Calculate earnings per share (EPS) and the price-earnings ratio for Sweet Cars' stock. Round to the nearest cent. The price of a share of the company's stock is $35.34. 2. How much does the stock market say $1 of Sweet Cars' net income is worth? 1.Calculate earnings per share (EPS) and the price-earnings ratio for Sweet Cars' stock. Round to the nearest cent. The price of a share of the company's stock is $35.34. Select the formulas and then calculate each ratio. (Abbreviation used; P/E = Price-earnings. Round your answers to two decimal places, XXX.) Formula Ratio EPS PIE ratio Amount Data Table Preferred stock outstanding, 7% Net income Average number of shares of common stock outstanding $ 800 $ 800 300 Print Done

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