Business, 19.05.2020 16:19, kimezzell18
G Required information [The following information applies to the questions displayed below.] Financial information for Forever 18 includes the following selected data (in millions): ($ in millions) 2018 2017 Net income $ 180 $ 270 Dividends on preferred stock $ 23 $ 24 Average shares outstanding (in millions) 225 375 Stock price $ 11.32 $ 10.27 2-a. Calculate the price-earnings ratio in 2017 and 2018. (Enter your Price-earning ratio values to two decimal places. Enter your answers in millions (i. e. 5,550,000 should be entered as 5.55).)
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G Required information [The following information applies to the questions displayed below.] Financi...
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