Please answer requirement 2: "How much does the stock market say $1 of Fine Cars' net income is worth? (Round your answer to the nearest cent.)"

The annual report of Fine Cars, Inc. for the year ended December 31, 2018, included the following items (in Millions) (Click the icon to view the items on the annual report) 1. 2. Calculate earnings per share (EPS) and the price earnings ratio for Fine Cars' stock. Round to the nearest cont. The price of a share of the company's stock is $15.99 How much does the stock market say $1 of Fine Cars' net income is worth? 1.Calculate earnings per share (EPS) and the price camings ratio for Fine Cars' stock. Round to the nearest cent. The price of a share of the company's stock is $15.99 Select the formulas and then calculate each ratio (Abbreviation used. P/E - Price-earnings. Round your answers to two decimal places, XXX) Ratio Formula Amount EPS (Not income. Preferred dividends) Average number of common shares outstanding $ 156 P/E ratio Market price per share/ Earnings per share 10 25 2. How much does the stock market say 51 of Fine Canet income is worth (Round your answer to the nearest cent) The stock market says that $1 of Fine Cars' net income is worth