[The following information applies to the questions displayed below) Financial Information for Forever 18 includes the following selected data in millions (5 in millions) Net Income Dividends on preferred stock Average shares outstanding in millions) Stock price 2018 2017 $ 152 $ 128 $ 26 $ 21 400 400 $ 11.57 $10.52 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 ... 5,550,000 should be entered as 5.55).) Stock price 15 in millons) Price Larnings Ratio Earnings per share 1052 11.57 2017 $ 2018 $ 2-b. In which year is the stock priced lower in relation to reported earnings? 2018 2017