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Crane Corporation had net income of $2040000 and paid dividends to common stockholders of $303000 in 2020. The weighted average number of shares outstanding

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Crane Corporation had net income of $2040000 and paid dividends to common stockholders of $303000 in 2020. The weighted average number of shares outstanding in 2020 was 510000 shares. Crane Corporation's common stock is selling for $36 per share on the NASDAQ. Crane Corporation's price-earnings ratio is 18 times. 9 times. 10 times. 4 times.

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