Question 12 10 pts Kiwi, Inc. provides the following information for 20XB: Net income $260.000 Market price per share of common stock $70 per share Dividends paid $190.000 Common stock outstanding at Jan. 1. 2018 150,000 shares Common stock outstanding at Dec 31, 2018 210,000 shares The company has no preferred stock outstanding, Calculate the price/earnings ratio of common stock 40:46 times 56.45 times 70.00 times 48.61 times