Assume a company provided the following information Net income Number of common shares outstanding, beginning of the year Number of common shares outstanding, end of the year Market price per share Dividends per share Total assets, end of the year Total liabilities, end of the year $ 56,000 45,000 55,000 $ 15 $ 0.50 $ 200,000 $ 80,000 The price-earnings ratio is closest to: Multiple Choice O 11.39 10.39 13.39