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of Shown below are selected data from the financial statements of Supreme Co Dollar amounts are in millions (except for the per share data) Income

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of Shown below are selected data from the financial statements of Supreme Co Dollar amounts are in millions (except for the per share data) Income statement data: Net Sales Cost of goods sold Operating expenses Net income Balance sheet data: Average total equity Average total assets $1,230 520 $ 440 $ 390 $2,400 $4,000 Supreme reported earnings per share for the year of $4 and paid cash dividends of $1 per share. At year-end, the Wall Street Journal listed Supreme's capital stock as trading at $88 per share Supreme's price-camnings ratio at year end was Select one: a 25, b. 22 0.100. Od: 4

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