Check my work 6 12 Required information Part 2 of 2 11.12 points eBook Hint References 2-b. In which year is the stock priced lower in relation to reported earnings? O 2020 0 2021 Check my work 6 Required information (The following information applies to the questions displayed below.) Part 2 of 2 Financial information for Forever 18 includes the following selected data: 11.12 points ($ in millions except share data) Net income Dividends on preferred stock Average shares outstanding (in millions) Stock price 2021 $ 171 $ 21 228 $11.97 2020 $ 201 $ 16 300 $10.92 eBook Hint References 2-a. Calculate the price-earnings ratio in 2020 and 2021. (Enter your Price-earning ratio values to two decimal places. Enter your answers in millions (i.e. 5,550,000 should be entered as 5.55).) Price-Earnings Ratio 2020 2021