The following information pertains to Cachet Company. Assume that all Balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant and equipment Total Assets Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equitycommon Total Liabilities and Stockholders' Equity Income Statement Sales Cost of goods sold Gross margin Operating expenses Net income Number of shares of common stock Market price of common stock Dividends per share What is the price-earnings ratio for this company? p 40,000 30,000 25,000 215000 P310 OOO P 60,000 95,000 55 ooo P310 OOO P 90,000 45,000 45,000 20 ooo P 25 OOO 6,000 P20 p1.00