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Michele Townsend owns stock in National Computers, Based on information in its annual report, National Compaters reported aftertax earnings of $8,816,000 and has issued 3,040,000

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Michele Townsend owns stock in National Computers, Based on information in its annual report, National Compaters reported aftertax earnings of $8,816,000 and has issued 3,040,000 shares of common stock. The stock is currently selling for $29 a share a. Calculate the earnings per share for National Computers. (Round your onswer to 2 decimal places.) b. Calculate the price earnings (PE) ratio for National Computers. (Use the rounded earnings per share from part a. Round your answer to 2 decimal places.)

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