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 thecompany'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'sstock is $35.34.Select the formulas and then calculate each ratio. (Abbreviation used; P/E = Price-earnings. Round your answers to two decimal places, XXX.)FormulaRatioEPSPIE ratioAmountData TablePreferred stock outstanding, 7%Net incomeAverage number of shares of common stock outstanding$ 800$ 800300Print Done

Name: Answer the questions based on the Data Table. The annual report of Swe
Uploaded: 2022-11-04T13:36:16.000Z
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Description: 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