Jenkins Services reported the following balances: 
Compute earnings per share for 2016, price/earnings ratio for 2016, assuming the market price on December 31, 2016 is $37.50 per share, and the rate of return on common stockholders' equity for 2016.
(Show your computations and round to two decimal places.)
Definitions:
First Amendment
An amendment to the United States Constitution that guarantees freedoms concerning religion, expression, assembly, and the right to petition. It forbids Congress from both promoting one religion over others and also restricting an individual's religious practices.
Religious Freedom Restoration
A U.S. federal law intended to prevent laws that substantially burden a person's free exercise of their religion.
Selective Incorporation
A constitutional doctrine that ensures states cannot enact laws that infringe on the fundamental rights protected by the Bill of Rights of the U.S. Constitution.
Supreme Court
The highest federal court in the United States, having ultimate appellate jurisdiction over all federal and state court cases that involve a point of federal law.
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