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Space Corp. had additions to retained earnings for the year just ended of $205,000. The firm paid out $185,000 in cash dividends, and it has

Space Corp. had additions to retained earnings for the year just ended of $205,000. The firm paid out $185,000 in cash dividends, and it has ending total equity of $4.90 million. The company currently has 100,000 shares of common stock outstanding. If Space Corp's stock price is $68, what is the firm's price-to-earnings ratio? O 17.44 22.50 25.48 20.00 O 19.68

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