Brief Exercise 14-15 CALCULATOR FULL SCREEN PRINTER VERSION HACK your answer is partially correct. Try again. Highlink, Inc. reported earnings per share of $2. Its common shares were selling at $29 per share. During the same year, the company paid an $0.65 per share cash dividend. Calculate the price-earnings ratio and the payout ratio. (Round price-earnings ratio answer to 2 decimal places, e.g. 52.75 and payout ratio to o decimal places, e.g. 5296.) Price-earnings ratio 14.5 times x Payout ratio