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The following table shows selected items from the balance sheet and income statements for Modern Furnishing Ltd for years 20X1 and 20X2 (ended 31st December).

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The following table shows selected items from the balance sheet and income statements for Modern Furnishing Ltd for years 20X1 and 20X2 (ended 31st December). + 20X1 100,000 20X2 120,000 Number of shares of common stock Common stock equity Earnings available to common stockholders Market price per share of common stock $2,000,000 $100,000 $2,500,000 $180,000 $18 $32 (a) Copy the table below to your answer script and calculate the following ratios (give your answers to 2 decimal places and show all workings). (2 marks) 20X1 20X2 e 1 Earnings per share (EPS) Price / Earnings (P/E) ratio

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