Alberta Inc. has sales of $1,000,000, operating profit of $50,000, interest expense of $12,500, tax expense of $7,500, total equity of $200,000, and total debt of $300,000. A dividend of $10,000 was paid to the common shareholders. There are 1,000 shares in issue, and the share price is $150 per share. The price-to-earnings ratio is 24X 15X 10X 8X 5X