Botox facial care had earnings after taxes of $298,000 in 20x1 with 200,000 shares of stock outstanding. the stock price was $58.80. in 20x2, earnings after taxes increased to $330,000 with the same 200,000 shares outstanding. the stock price was $70.00. a. compute earnings per share and the p/e ratio for 20x1. (the p/e ratio equals the stock price divided by earnings per share.) (do not round intermediate calculations. round your final answers to 2 decimal places.)

Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?