> Question 4 6 pts Ale Corporation had net income of $240,000 and paid dividends to common stockholders of $40,000 in 2020. The weighted average number of shares outstanding in 2020 was 60,000 shares. Ale Corporation's common stock is selling for $91.20 per share on the New York Stock Exchange. Ale Corporation's price-earnings ratio is 22.8 times. 3.2 times O 19 times. O 12.7 times D Question 2 5.75 pts Saira, Inc. has the following income statement (in millions): SAIRA, INC. Income Statement For the Year Ended December 31, 2020 Sales Revenue $332 Sales Discounts 20 Sales Returns Net Sales $300 Cost of Goods 180 Sold Gross Profit 120 Operating 45 Expenses Net Income $75 Using vertical analysis, what percentage is assigned to Operating Expenses? 12 36% 1596 O 40% 14%