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Stilley Corporation had earnings after taxes of $550,000 in 20x2 with 220,000 shares outstanding. The stock price was $51.10. In 20X3, earnings after taxes declined
Stilley Corporation had earnings after taxes of $550,000 in 20x2 with 220,000 shares outstanding. The stock price was $51.10. In 20X3, earnings after taxes declined to $253,000 with the same 220,000 shares outstanding. The stock price declined to $37.30. a. Compute earnings per share and the P/E ratio for 20X2. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Earnings per share P/E ratio times b. Compute earnings per share and the P/E ratio for 20X3. (Do not round intermediate calculations. Round your final answers to 2 decimal places.) Earnings per share P/E ratio times
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