The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant, and equipment Total assets $30,000 20,000 15,000 185.000 $250,000 abilities and Stockholders Equity Current liabilities Long-term liabilities Stockholders' equity--Common Total liabilities and stockholders' equity $45,000 70,000 135,000 $250,000 Tacome Statement Sales Cost of goods sold Gross margin Operating expenses Interest expense Net Income $85,000 45.000 $40,000 (15,000) (5.000) $20,000 Number of shares of common stock outstanding Market price of common stock Total dividends paid Cash provided by operations 6,000 $20 $9,000 $30,000 Sales Cost of goods sold Gross margin Operating expenses Interest expense Net income $85,000 45,000 $40,000 (15,000) (5,000). $20,000 Number of shares of common stock outstanding Market price of common stock Total dividends paid Cash provided by operations 6,000 $20 $9,000 $30,000 What is the price-earnings ratio for Diane Company? Oa. 8.0 times Ob. 2.5 times Oc. 6.0 times Od. 4.0 times s All work saved