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Botox Facial Care had eamings after taxes of $326,000 in 201 with 200,000 shares of stock outstanding. The stock price was $90.50. In 20X2, earnings
Botox Facial Care had eamings after taxes of $326,000 in 201 with 200,000 shares of stock outstanding. The stock price was $90.50. In 20X2, earnings after taxes increased to $380,000 with the same 200,000 shares outstanding. The stock price was $102.00. 6. Compute eamings per share and the PiE ratio for 201. (The P/E ratio equals the stock price divided by carnings per share) Note: Do not round intermediate calculotions. Round your final answers to 2 decimal places. b. Compute earnings per share and the PiE ratio for 202. Note: Do not round intermediate calculations. Round your final answers to 2 decimal places. c. Why did the P/E ratio change? Note: Do not round intemediate calculations. Input your answers as percents rounded to 2 decimal places. Omit '\%' sign in your response
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