Ces Required information [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data: ($ in m1111ons) Net income Dividends on preferred stock) Average shares outstanding Stock price 2024 2023 $160 $171 $22 $17 250 300 $11.92 $10.87 2-a. Calculate the price-earnings ratio in 2023 and 2024. 2-b. In which year is the stock priced lower in relation to reported earnings? Complete this question by entering your answers in the tabs below. Req 2a Req 2b Caledate the arica.asminne ratin in 2003 and 2024 (Entar unur nina.asminne rafin values tn hi decimal nlarac Enter wr < Prev 4 of 6 Next > Save & Exit Submit