had outstanding as of Decc ATC 11-5 Business Applications Case Performing ratio analysis using Google, Inc., operates the world's largest Internet search engine. International Busin this repo real-world data Corporation (IBM) is one of the world's largest computer hardware and software tollowing data were taken from the companies' December 31, 2013, annual reports: aes The to a lect per Google, Inc. s 12,920 $ 38.82 IBM $16,483 15.06 ing St th Net earnings (in millions) Earnings per share The following data were taken from public stock-price quotes Stock price per share on March 3,2014 $1,202.69 $184.26 (Two months after the end of their 2013 fiscal years,) Required a. Compute the price-earnings ratios for each company as of March 3, 2014. b. Which company's future performance did the financial markets appear to be more optimistic about as of March 3, 2014? c. Provide some reasons why the market may view one company's future more optimisticlj than the other. ATC 11-6 Writing Assinment