El Nasr Company had net income of $500,000 and paid dividends to ordinary shareholders of 100,000 in 2020. The weighted average number of shares outstanding in 2020 was 40,000 shares. El Nasr's ordinary shares are selling for $40 per share. The Company's price-earnings ratio is a. 6 times. b. 8 times. C. 5 times. d. 10 times. Select one: a. D b. B C.A d. C