Current Attempt in Progress Ayayai Industrial's weighted average number of common shares is 1,400,000. The shares are currently trading at $ 12 per share on the Toronto Stock Exchange. If Ayayai's net income was $ 2,800,000 for the year-ended and there are no preferred shareholders, what is its basic earnings per share and current price-earnings ratio? (Round answers to 2 decimal places, e.g. 2.10 or 2.10%.) Basic earnings per share $ Current price-earnings ratio times