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The Apple Pie Company had net Income of $49100 and earmings per share of $4.77. Apple Pie declared dvidends of $3.60 per share of common

The Apple Pie Company had net Income of $49100 and earmings per share of $4.77. Apple Pie declared dvidends of $3.60 per share of common stock during 2016. On December 31, 206, the stock had a market price of $16.90 per share Apple Pie's price/eernings ratio is closest to: 5.81 O 028 O 469 O 354

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