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 2021 $ 141 $ 27 300 $11.62 2020 $ 105 $ 22 250 $10.57 Required: 1-a. Calculate earnings per share in 2020 and 2021. (Enter your answers in millions (i.e. 5,500,000 should be e Earnings Per Share 2020 2021 Required information (The following information applies to the questions displayed below.) Part 2 of 2 Financial information for Forever 18 includes the following selected data: points ($ in millions except share data) Net income Dividends on preferred stock Average shares outstanding (in millions) Stock price 2021 $ 141 $ 27 300 $11.62 2020 $ 105 $ 22 250 $10.57 eBook Hint Print 2-a. Calculate the price-earnings ratio in 2020 and 2021. (Enter your Price-earning ratio values to two decimal pla answers in millions (i.e. 5,550,000 should be entered as 5.55).) References Price-Earnings Ratio 2020 2021