A) Apples Inc. sales for 2021 were $4,00,000, and the cost of goods sold was 60% of sales. Selling and administrative expenses was $24,500 and depreciation cost were $10,000 for the year. The tax rate averaged 20 percent. Preferred dividend paid were $15,000; and common dividend were paid $30,000. The firm has 20,000 share of common stock outstanding.

B) Calculate P/E ratio of Apple Inc. If the stock current price is $32. (Note: Answer must be in number, ignore text, coma and maintain TWO decimal point, Example: 2.40)Calculate Earning available to common stockholders of Apple Inc. (Note: Answer must be in number, ignore text, Coma; Example: 240)