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Required information [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data: 2-a. Calculate the price-earnings

Required information [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data: 2-a. Calculate the price-earnings ratio in 2023 and 2024. 2-b. In which year is the stock priced lower in relation to reported earnings? Complete this question by entering your answers in the tabs below. Calculate the price-earnings ratio in 2023 and 2024. (Enter your price-earnings ratio values to two decima your answers in millions (i.e. 5,550,000 should be entered as 5.55).)

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