Following is some selected financial information of Dell Inc.

	2016	2015
Revenues	$49,205	$41,444
Net Income	3,043	2,645
Total Assets	23,215	19,311
Shareholder's equity	6,485	6,280
Cash flow from operations	5,310	3,670
Basic earnings per share	1.21	1.03
Book value per share	2.61	2.46
Closing stock price	33.44	23.86

What is Dell's price-to-earnings ratio for 2016?

Group of answer choices

9.7

27.63

23.65

12.81