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Required information [The following information applies to the questions displayed below.] Financial...

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Accounting

Required information
[The following information applies to the questions displayed below.]
Financial information for Forever 18 includes the following selected data:
2-a. Calculate the price-earnings ratio in 2023 and 2024.
2-b. In which year is the stock priced lower in relation to reported earnings?
Complete this question by entering your answers in the tabs below.
Calculate the price-earnings ratio in 2023 and 2024.(Enter your price-earnings 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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