The Apple Pie Company had net income of $48,600 and earnings per share of $4.27. Apple Pie declared dividends of $3.10 per share of common stock during 2019. On December 31, 2019, the stock had a market price of $17.40 per share. Apple Pie's pricelearnings ratio is closest to: Multiple Choice 5.61 0.25 4.07 6.34 Lee Company has provided the following information: Cash flow from operating activities, $241,400 Net income, $206,800 Interest expense, $22,100 Interest cash payments, $11,400 Income tax payments, $143,500 Income tax expense, $137,400 What was Lee's times interest earned ratio? Multiple Choice 31.73 34.76 16.37 16.57