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 $ 170 $ 25 280 $11.07 2020 $ 154 $ 16 200 $10.02 Required: 1-a. Calculate earnings per share in 2020 and 2021. (Enter your answers in millions (l.e. 5,500,000 should be entered as 5.5).) Earnings Per Share 2020 2021 Required Information [The following information applies to the questions displayed below.] Financial Information for Forever 18 Includes the following selected data: (s in millions except share data) Net income Dividends on preferred stock Average shares outstanding (in millions) Stock price 2821 $ 179 $ 2e8 $21.07 25 2828 $ 154 $ 16 20a $19.82 2-a. Calculate the price-earnings ratlo in 2020 and 2021. (Enter your Price-earning ratlo 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