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Daniel Corporation had net income for 2024 of 574,000. Daniel had 14,000 shares of common stock outstanding at the beginning of the year and 26,000

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Daniel Corporation had net income for 2024 of 574,000. Daniel had 14,000 shares of common stock outstanding at the beginning of the year and 26,000 shares of common stock outstanding at the end of the year. There were 12,000 shares of preferred stock outstanding all year During 2024, Daniel declared and paid preferred dividends of $22,000 on December 31, 2024the market price of Daniel's common stock is $43 per share and the market price of its preferred stock b 577 per share What is Daniel's pricelearnings ratio at December 31, 20247 (Round any intermediate calculations and your final answer to the nearest cent) OA 15.11 OB. 20.81 OC 1654 OD. 2962 1 PM FM PM

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