The following information pertains to Unique Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets $ 40,000 Cash and short-term investments Accounts receivable (net) 25,000 Inventory 20,000 Property, plant and equipment 210,000 Total Assets $295.000 Liabilities and Stockholders' Equity Current liabilities $ 60,000 Long-term liabilities 85,000 Stockholders' equity-common 150,000 Total Liabilities and Stockholders' Equity $295.000 Income Statement Sales revenue $ 75,000 Cost of goods sold 40.000 Gross profit 35,000 Operating expenses 5.500 Net income $ 29,500 Number of shares of common stock 5,000 Inter Market price of common stock $47.20 Dividends per share on common stock 0.90 Cash provided by operations $30,000 What is the price earnings ratio for this company? port ce O 4.0 times 80 times 60 times 25 times