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On the balance sheet of Bearcat Inc., you notice Common Stock ( $ 0 . 1 0 par ) of $ 2 4 8 ,

On the balance sheet of Bearcat Inc., you notice Common Stock ($0.10 par) of $248,655,Capital Surplus of $282,621, and Retained Earnings of $210,534. If Bearcat Inc. has Sales of $2,926,836 and a profit margin of 30.52%, what is the price/earnings (P/E) ratio of the firm if their stock is currently selling for $21.94 per share?

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