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help Price Earning ratios Market price per share on July 12, 2021 Diluted earnings per share XYZ Company $155.45 $4.39 ABC Company $120.67 $2.48 a.

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Price Earning ratios
Market price per share on July 12, 2021 Diluted earnings per share XYZ Company $155.45 $4.39 ABC Company $120.67 $2.48 a. Calculate the Price/Earning ratios for both companies (20%) b. Which company, currently, has the better gauge of future earnings power? Why? (20%)

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