In which year is stock price lower from reported earnings

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Reference no: EM131522084

Question: Financial information for Forever 18 includes the following selected data (in millions):

Required: 1. Calculate earnings per share in 2011 and 2012. Did earnings per share increase in 2012?

2. Calculate the price-earnings ratio in 2011 and 2012. In which year is the stock priced lower in relation to reported earnings?

Reference no: EM131522084

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