do help me solve both (i) and (ii). thank u!! i'll upvote

Question 3 Answer all parts of this question. (a) You are given the following information in relation to Percussion Ltd: Sales 29,250,000 Gross profit margin 10% General expenses 675,000 Tax 450,000 Number of shares issued at start of the period 400,000 Number of shares issued at full market price of 190 per share for cash, half way through the period 320,000 Required: (1) Calculate the price earnings ratio and the earnings per share for Percussion Ltd. (ii) If a company has a high price earnings ratio, what might this indicate about the company? How might the price earnings ratio change if a company increased its gearing? Your answer to this part of the question should not be more than 100 words. (8 marks)