The following information is available for Air Canada for the years ended December 31 (in millions, except for share price): 2018 2017 Income available to common shareholders $167 $2,029 Weighted average number of common shares Share price 272 273 $25.96 $25.88 Calculate the basic earnings per share and the price-earnings ratio for each year. (Round answers to 2 decimal places, eg. 15.25.) 2018 Basic earnings per share $ per share $ Price-earnings ratio times eTextbook and Media Indicate whether profitability improved or deteriorated in 2018. Improved Deteriorated Same Media 2017 per share. times