The annual report of Timeless Cars Inc. for the year ended December 31, 20XX, included the...

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The annual report of Timeless Cars Inc. for the year ended December 31, 20XX, included the items shown (in thousands). ... Requirement 1. Compute earnings per share (EPS) and the price/earnings ratio for Timeless Cars's common shares. Round to the nearest cent. The price of a common share of Timeless Cars is $78.00. (Enter amounts in thousands as provided in the problem statement. Round your answer to the nearest cent.) Net income ( 1,800 Preferred dividends ) Number of common shares outstanding = EPS $ 21 650 = $ 2.74 You will now calculate the price/earnings (P/E) ratio. (Round your answers to two decimal places.) Market price per common share EPS = P/E = Annual report Preferred shares outstanding, $3; 7,000 issued $ 650 Net income $ 1,800 Number of common shares outstanding 650 Print Done - The annual report of Timeless Cars Inc. for the year ended December 31, 20XX, included the items shown (in thousands). ... Requirement 1. Compute earnings per share (EPS) and the price/earnings ratio for Timeless Cars's common shares. Round to the nearest cent. The price of a common share of Timeless Cars is $78.00. (Enter amounts in thousands as provided in the problem statement. Round your answer to the nearest cent.) Net income ( 1,800 Preferred dividends ) Number of common shares outstanding = EPS $ 21 650 = $ 2.74 You will now calculate the price/earnings (P/E) ratio. (Round your answers to two decimal places.) Market price per common share EPS = P/E = Annual report Preferred shares outstanding, $3; 7,000 issued $ 650 Net income $ 1,800 Number of common shares outstanding 650 Print Done -