The following information pertins Carton Company Assume that all balance sheet amounts represent both average and ending balance figures Assume that were once Cash and short term investments Accounts receivable (net) Inventory Property, plant and equipment Total Assets $ 40 000 25,000 20,000 210.00 Current Labs Long term e s Stockholders' equily- c on Total Labs and stockholders' equity 50,000 35 000 150.000 Income Statement Cost of goods sold Gross margin Operating expenses Net income $85.000 55.000 Number of shares of common stock Market price of common stock Dividends per share Cash provided by operations 5.000 DO 500 000 What is the price camningsrate for this company? Round your answer to decimal point HNT PER P E S og 25 times The following information pertains to Carlton Company Assume that all balance sheet amounts represent both average and ending balance ligures Asume that all sales were on credit Cash and short term investments Accounts receivable (net) Inventory Property plant and equipment Total Assets S 40.000 25,000 20.000 210.000 $295.000 Label and Stockholders Equity Current abilities Long term liabilities Stockholders equity common Total Labtes and stockholders equity 150.000 5205.000 Income Statement $ 85,000 Costo da sold Gross margin Operating expenses Net Income 20.000 Number of shares of common stock Market price of common stock Dividends per share Cash provided by operations 6.000.000 20 0.90 $30.000 What is the price earnings ratio for this company? Round your answer to one decimal point (HINT PE Ratio Price per share EPS) O time cotines 25 times