15W two docimal places, X.X 0 Financial Statements Pacific Corporation Comparative Balance Sheet December 31, 2019 and 2018 2019 2018 $ Assets Current Assets Cash and Cash Equivalents Accounts Receivable Merchandise Inventory Prepaid Expenses Total Current Assets 2,373 $ 2036 1,976 1.834 1,067 2.045 1,342 1,702 7,453 17.915 6,922 16,451 Other Assets $ 25,368 S 23,373 $ Total Assets Liabilities Current Liabilities Long-term Liabilities Total Liabilities Stockholders' Equity 7,201 $ 4.591 8.339 3.744 12.083 MacBook Air > FS EVO A & 7 Il + 6 8 9 O U o P - s H J K Pacific Corporation reported the following financial statements: Click the icon to view the financial statements.) The company has 2,900 shares of common stock outstanding and the market price is $25 per share. What is Pacific's priceleamings ratio (Round any intermeidary calculations and your final aruwer to two de O A. $0.00 OB. 5.54 times OC 0.09 D. $5.54 Click to select your answer 0 Financial Statements X ne ma Stockholders' Equity tions and you Common Stock, no par 6,776 6,800 5,090 6,200 Retained Earnings Total Stockholders' Equity 13,576 11,290 Total Liabilities and Stockholders' Equity $ 25,368 $ 23,373 Pacific Corporation Income Statement Year Ended December 31, 2019 Net Sales Revenue $ 32,895 9,640 Cost of Goods Sold Grons Profit 23 255 7.038 Operating Expenses Operating income Interest Expense Income Before Income Taxes Income Tax Expense 16,217 187 16.030 2.937 13,093 Net Income Print Done MacBook Air DOO DOO F4 FS II F7 FB F10 $ * 4 % 5 & 7 6 8