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A company has the following information: Current share price: USD3.5; Number of shares in issue: 100,000; Nominal value of shares: 200,000; Gross profit: USD70,000;

A company has the following information: Current share price: USD3.5; Number of shares in issue: 100,000; Nominal value of shares: 200,000; Gross profit: USD70,000; Operating profit: USD50,000; Net profit: 30,000. What is the P/E ratio for the company? 2.0 4.0 7.0 11.7

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