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dont understand [The following information applies to the questions displayed below.) Financial information for Forever 18 includes the following selected data: ($ in millions except

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[The following information applies to the questions displayed below.) Financial information for Forever 18 includes the following selected data: ($ in millions except share data) Net income Dividends on preferred stock Average shares outstanding (in millions) Stock price 2021 $ 118 $ 28 200 $11.67 2020 S 182 5 23 350 $10.62 Required: 1-a. Calculate earnings per share in 2020 and 2021. (Enter your answers in millions (.e. 5,500,000 should be entered as 5.5).) Earnings Per Share 2020 2021 Required information [The following information applies to the questions displayed below) Financial information for Forever 18 includes the following selected data: ($ in millions except share data) Net income Dividends on preferred stock Average shares outstanding (in millions) Stock price 2020 $ 118 $ 28 200 $11.67 $ 182 $ 23 350 $10.62 2-a. Calculate the price-earnings ratio in 2020 and 2021. (Enter your Price-earning ratio values to two decimal places. Enter answers in millions (i.e. 5,550,000 should be entered as 5.55).) Price-Earnings Ratio 2020 2021 L

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