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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 2021 5210 in allons

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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 2021 5210 in allons except share data) Net Income Dividends 00 preferred stock Average shares outstanding in millions) Stock price 2020 5 150 520 220 $10.47 240 $11.52 2-0. Calculate the price earnings ratio in 2020 and 2021 (Enter your Price-corning ratio values to two decimal places. Enter your answers in millions (5,550,000 should be entered os 5.55) Price Earnings Ratio 2020 2021 2.b. In which year is the stock priced lower in relation to reported earnings? 2020 2023

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