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net income of $250,000 and paid dividends to common stockholders of $50,000 in 2010. The weighted average number of shares outstanding in 2010 was 50,000

net income of $250,000 and paid dividends to common stockholders of $50,000 in 2010. The weighted average number of shares outstanding in 2010 was 50,000 shares. the Corporation's common stock is selling for $30 per share on the New York Stock Exchange. the Corporation's P/E ratio for 2010 is

a.

10

b.

5

c.

7.5

d.

6

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