Financial information for Forever 18 includes the following selected data: Required: 1. Calculate earnings per share in
Question:
Financial information for Forever 18 includes the following selected data:
Required:
1. Calculate earnings per share in 2023 and 2024. Did earnings per share increase in 2024?
2. Calculate the price-earnings ratio in 2023 and 2024. In which year is the stock priced lower in relation to reported earnings?
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