The Cincinnati Chili Kitchen has just announced the repurchase of $$95,000$ of its stock. The company has $33,000$ shares outstanding and earnings per share of $$3\mathrm{.}17.$ The company stock is currently selling for $$75\mathrm{.}31$ per share. What is the priceearnings ratio after the repurchase?

Multiple Choice

$24\mathrm{.}21$ times

$24\mathrm{.}67$ times

$23\mathrm{.}76$ times

$22\mathrm{.}85$ times

$22\mathrm{.}20$ times