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10-13 please 10. Data for 2 companies is shown. Calculate the PE ratio for each. Use 2 Nan decimal places in the ratio. Clas Company

10-13 please

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10. Data for 2 companies is shown. Calculate the PE ratio for each. Use 2 Nan decimal places in the ratio. Clas Company Price per share Earnings per share AN A $50.50 $4.21 10. B $75.75 $2.10 11. 11. Refer to Problem 10. For Company A, what does the PE ratio mean? 12. Refer to Problem 10. Based on the PE ratios (i.e., assume that future earnings will remain the same as recent earnings), which of the two stocks 12 is the best buy? 13. Refer to Problem 10. What accounts for the high PE ratio for Company 13 B? (essay)

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