A company has earnings per share of $3.10, it paid a dividend of $2.40 per share, and the market price of the company's stock is $64 per share. The price/earnings ratio is closest to: (Round your answer to 2 decimal places.)

1.29.

91.43.

20.65.

9.60.

Vesuvius Company has net sales revenue of $793,000, cost of goods sold of $349,700,net income of $193,200, and preferred dividends of $16,500 during the current year. At the beginning of the year, 477,000 shares of common stock were outstanding, and, at the end of the year, 550,000 shares of common stock were outstanding.A total of 7,500 preferred shares were outstanding throughout the year. The companys earnings per share for the current year is closest to:

$0.93.

$0.34.

$0.86.

$1.45.

The following information is taken from the financial statements of a company for the current year:

What is the gross profit percentage for the current year (rounded to the nearest whole percent)?

61%

76%

31%

24%

Current assets	$400,000
Total assets	895,000
Cost of good sold	655,000
Gross Profit	205,000
Net income	125,000