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Botox Facial Care had earnings after taxes of $ 3 4 8 , 0 0 0 in 2 0 X 1 with 2 0 0

Botox Facial Care had earnings after taxes of $348,000 in 20X1 with 200,000 shares of stock outstanding. The stock price was $77.80. In 20X2, earnings after taxes increased to $420,000 with the same 200,000 shares outstanding. The stock price was $95.00. 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. 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. 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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