The annual report of Luxury Cars Inc. for the year ended December 31, 2020, included...
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The annual report of Luxury Cars Inc. for the year ended December 31, 2020, included the following items (in thousands) $ 550 Preferred shares outstanding, $3,5,000 issued Net income Number of common shares outstanding $ 1,000 300 1. Compute earnings per share (EPS) and the pricelearnings ratio for Luxury Cars's common shares. Round to the nearest cent. The price of a common share of Luxury Cars is $78. 10 2. How much does the stock market say $1 of Luxury Cars's net income is worth? . 1. Compute earnings per share (EPS) and the price/earnings ratio for Luxury Cars's common shares Round to the nearest cent The price of a common share of Luxury Cars is $78.10. (Round your answer to the nearest cent) The EPS for Luxury Cars is The pricelearnings ratio for Luxury Cars is (Round your answer to two decimal places.) 2. How much does the stock market say $1 of Luxury Cars's net income is worth? (Round your answer to the nearest cent.) The stock market says that $1 of Luxury Cars's net income is worth S
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