the numbers on the table are in thousands

Blossom Corporation's suite of software products and services provides secure and scalable solutions for global companies. The following is an extract from the company's 2024 and 2023 comparative income statements and statement of financial position. The market price of Blossom's common shares was $40.53 and $38.20 on June 30.2024, and June 30, 2023, respectively. Blossom declared dividends per common share of $0.480 and $0.416 for 2024 and 2023 , respectively. (in thousands) Comparative Income Statement Total revenues Total cost of goods sold $2,308,9502024$1,812,0832023 Total operating expenses Net income 769,811577,367 Statement of Financial Position Total assets Total liabilities Common share capital Total shareholders' equity Weighted average number of common shares outstanding Calculate earnings per share and the price/earnings ratio for the years 2024 and 2023. (Round answers to 2 decimal places, e.s. 15.27.)