Required information (The following information applies to the questions displayed below.) Financial information for Forever 18 includes the following selected data (in millions): points $ $ 2018 2017 243 $ 252 30 $ 25 ($ in millions) Net income Dividends on preferred stock Average shares outstanding (in millions) Stock price eBook $ 300 11.77 350 $10.72 References 2-a. Calculate the price-earnings ratio in 2017 and 2018. (Enter your Price-earning ratio values to two decimal places. Enter your answers in millions (i.e. 5,550,000 should be entered as 5.55).) Stock price ($ in millions) Price Earnings Ratio Earnings per share 10.72 11.77 2017 2018