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Business, 02.09.2021 17:10 Har13526574

Botox Facial Care had earnings after taxes of $292,000 in 20X1 with 200,000 shares of stock outstanding. The stock price was $45.80. In 20X2, earnings after taxes increased to $320,000 with the same 200,000 shares outstanding. The stock price was $74.00. Required:
a. Compute earnings per share and the P/E ratio for 20X1.
b. Compute earnings per share and the P/E ratio for 20X2.
c. Why did the P/E ratio change?

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Botox Facial Care had earnings after taxes of $292,000 in 20X1 with 200,000 shares of stock outstand...
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