6- A company has net income of $39,900, net sales of $318,600, total assets of $663,000, common stock of $106,800 with a par value of $4 per share, and retained earnings of $224,400. The stock has a market value of $4.45 per share. What is the price-earnings ratio? Show your calculations

7- A firm has an enterprise value ratio (multiple) of 8.9, a profit margin of 5.6 percent, sales of $946,200, costs of $631,400, depreciation of $17,900, interest expense of $3,500, and a total tax rate of 23 percent. What is the value of the enterprise? Show your calculations