The following selected information relates to Candle Combanv for the past two vears. Cash Accounts receivable, net Inventory Prenaid expenses A. 1.3 B. 0.57 C. 0.77 D. 0.39 AccountNetsales(allcredit)CostofgoodssoldGrossprofitIncomefromoperationsInterestexpenseNetincomeCashAccountsreceivable,netInventoryPrepaidexpensesTotalcurrentassetsTotallong-termassetsTotalcurrentliabilitiesTotallong-termliabilitiesCommonstock,nopar,Currentyear$237,250$115,000$122,250$32,000$2,000$24,000$22,000$25,000$56,000$105,000$150,000$60,000$22,000$40,000$133,000Prioryear$180,000$110,000$70,000$30,000$7,000$18,000$14,000$41,000$1,000$90,000$175,000$90,000$78,000$40,000$57,000 What is the price - earnings ratio for the current year? Prepaid expenses A. 81.50 B. 3.98 C. 6.63 D. 16.00