In 2014, Pringle Company reported earnings per share of $11.00 when its stock was selling for $264. In 2015, its earnings increased by 12 percent. If all other relationships remain constant, what is the price of the stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

CALIFORNIA PIZZA KITCHEN, INC., AND SUBSIDIARIES Consolidated Balance Sheets January 2, 2011, and January 3 2010 (in thousands, except for share data)
			2010				2009
	Assets
	Current assets:
	Cash and cash equivalents	$	53,230			$	53,424
	Other receivables		22,534				23,481
	Inventories		9,737				9,317
	Current deferred tax asset, net		10,225				9,076
	Prepaid rent		661				8,717
	Other prepaid expenses		9,798				4,511
	Total current assets		106,185				108,526
	Property and equipment, net		298,326				301,496
	Noncurrent deferred tax asset, net		24,277				27,187
	Goodwill		8,382				8,382
	Other intangibles, net		7,333				7,210
	Other assets		10,473				9,069
	Total assets	$	454,976			$	461,870
	Liabilities and stockholders equity
	Current liabilities:
	Accounts payable	$	27,715			$	15,503
	Accrued compensation and benefits		25,929				25,857
	Accrued rent		29,000				23,063
	Deferred rent credits		8,078				7,665
	Other accrued liabilities		42,490				39,715
	Gift card liability		26,177				31,040
	Store closure reserve		86				1,206
	Total current liabilities		159,475				144,049
	Long-term debt		---				23,900
	Other liabilities		24,650				18,044
	Deferred rent credits, net of current portion		38,105				37,406
	Income taxes payable, net of current portion		719				11,605
	Commitments and contingencies		-				-
	Stockholders equity:
	Common stock$0.01 par value, 80,000,000 shares authorized, 26,179,797 and 25,795,800 shares issued and outstanding at January 2, 2011, and January 3, 2010, respectively		262				258
	Additional paid-in capital		195,563				190,000
	Retained earnings		36,202				36,608
	Total stockholders equity		232,027				226,866
	Total liabilities and stockholders equity	$	454,976			$	461,870
Compute the following ratios using information from the company annual report that was issued before California Pizza Kitchen was acquired. (Round your answers to 2 decimal places. Enter percentage answers rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34). Negative amounts should be indicated by a minus sign.) A current ratio b quick ratio c profit magin d return on equity e inventory turnover f debt to equity g earing per share