Rockwell Jewelers management announced that the company

Rockwell Jewelers management announced that the company had net earnings of $3,000,000 for this year. The company has 1,500,000 shares outstanding, and the year-end stock price is $40.00. What are Rockwell’s earnings per share and P/E ratio?(Round answers to 2 decimal places, e.g. 12.25)

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