2 Using the data below, compute Price-Earnings Ratio. Accounts Payable 800 Accounts Receivable 1,100 Capital Stock Cash 2,000 50 Cost of Goods Sold 6,000 Inventory 1,500 Long-term Debt 1,820 Net Income 950 Property, Plant, and Equipment (net) 3,000 Retained Earnings 1,030 Sales 10,000 Market value of shares 12,000 12.6 11.7 6.9 15.0 6.3