1 Compute earnings per share EPS for 2016 for Shine s
1. Compute earnings per share (EPS) for 2016 for Shine’s. Round to the nearest cent.
2. Compute Shine’s Companies’ price/earnings ratio for 2016. The market price per share of Shine’s stock is $65.50.
3. What do these results mean when evaluating Shine’s Companies’ profitability?
Shine’s Companies, a home improvement store chain, reported the following summarized figures:
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