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Botox Facial Care had earnings after taxes of $ 3 7 0 , 0 0 0 in 2 0 X 1 with 2 0 0

Botox Facial Care had earnings after taxes of $370,000 in 20X1 with 200,000 shares of stock outstanding. The stock price was $31.50. In 20X2, earnings after taxes increased to $436,000 with the same 200,000 shares outstanding. The stock price was $42.00.
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 intermediate calculations. Input your answers as percents rounded to 2 decimal places.

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