Blasco Inetnational has sales of $389,700 and costs of $413,210. The company has 120,000 shares outstanding. What is the price-sales ratio if the stock has a book value of $19.20 per share and a market value per share of $8.60?

A) 2.48

B) 2.65

C) 2.23

D) 2.37

E)1.89