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6 10 points eBook Hint Print References Problem 2-18 (Algo) Price-earnings ratio [LO2-2] Botox Facial Care had earnings after taxes of $282,000 in 20X1 with
6 10 points eBook Hint Print References Problem 2-18 (Algo) Price-earnings ratio [LO2-2] Botox Facial Care had earnings after taxes of $282,000 in 20X1 with 200,000 shares of stock outstanding. The stock price was $48.80. In 20X2, earnings after taxes increased to $386,000 with the same 200,000 shares outstanding. The stock price was $59.00. a. Compute earnings per share and the P/E ratio for 20X1. (The P/E ratio equals the stock price divided by earnings per share.) Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Earnings per share P/E ratio times b. Compute earnings per share and the P/E ratio for 20X2. Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. Earnings per share P/E ratio times
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