! Required information (The following information applies to the questions displayed below.) Selected Financial Data for Variety World follows: ($ in millions except share data) Net income Dividends on preferred stock Average shares outstanding (in millions) Stock price 2021 $ 182 $ 29 260 $11.72 2020 $ 279 $ 24 450 $10.67 2-a. Calculate the price-earnings ratio in 2020 and 2021. (Enter your Price-earning ratio values to two decimal places. Enter your answers in millions (i.e. 5,550,000 should be entered as 5.55).) Price-Earnings Ratio 2020 2021