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Financial information for Forever 18 includes the following selected data: ($ in millions except share data) 2021 2020 $ 1052-b. In which year is the stock priced lower in relation to reported earnings? 2021 2020

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Required: 2a Numerator Market price per share 10.57 11.62 Price Earning ratio Denominator Earning per share 0.33 0.38 PE Rati

Working notes for Earning per share:

Required: 1a Numerator Net Income - Preference Dividend Earning per share Denominator = | Earning per share - Weighted averag

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