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Bolton Corporation had additions to retained earnings for the year just ended of $268,000. The firm paid out $188,000 in cash dividends, and it has

Bolton Corporation had additions to retained earnings for the year just ended of $268,000. The firm paid out $188,000 in cash dividends, and it has ending total equity of $4.93 million. The company currently has 160,000 shares of common stock outstanding.

What is the price-earnings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
If the company had sales of $5.28 million, what is the price-sales ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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