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Blossom Company had net income of $2688000 and paid dividends to common stockholders of $314000 in 2022. The weighted average number of shares outstanding in

Blossom Company had net income of $2688000 and paid dividends to common stockholders of $314000 in 2022. The weighted average number of shares outstanding in 2022 was 448000 shares. Blossom Company common stock is selling for $72 per share on the NASDAQ. Blossom Company price-earnings ratio is
A. 12 times

B. 14 times

c. 6 times

d. 24 times

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