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The annual report of Funtime Cars Inc. for the year ended December 31, 2020, included...

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The annual report of Funtime Cars Inc. for the year ended December 31, 2020, included the following items (in thousands) Preferred shares outstanding, $4; 5,000 issued ... $ 750 $ 990 Net income.. 350 Number of common shares outstanding. 1. Compute earnings per share (EPS) and the pricelearnings ratio for Funtime Cars's common shares. Round to the nearest cent. The price of a common share of Funtime Cars is $77.80 2. How much does the stock market say $1 of Funtime Cars's net income is worth? 1. Compute earnings per share (EPS) and the pricelearnings ratio for Funtime Cars's common shares. Round to the nearest cent. The price of a common share of Funtime Cars is $77 80. (Round your answer to the nearest cent.) The EPS for Funtime Cars is $

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