Rossdale, Inc. had additions to retained earnings for the year just ended of $789,000. The firm paid out $175,000 in cash dividends, and it has ending total equity of $5.31 million. The company currently has 377,500 shares of common stock outstanding. Use this information to answer the following six questions. Question 15 1 pts If the firm's stock currently sells for $20.25, what is the price-earnings ratio for the firm? Refer to the information given on Rossdale, Inc. above to answer this question. (Round final answer to two decimal places.)