24. value: 2.60 points TB MC Qu. 13-52 Trenton Company has provided the following... Trenton Company has provided the following information: Net income, $180,000; Preferred shares issued, 5,400; Weighted average number of shares of common stock issued, 23,400; Cash dividends declared and paid on common stock, $24,000; Market price per share, $30; Weighted average number of treasury shares of common stock, 3,400. What is Trenton's price/earnings ratio? 4.00 4.47 3.33 O O 3.90