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Tito Corporation had net income of $2,000,000 and paid dividends to common stockholders of $500,000 in 2014. The weighted average number of shares outstanding in

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Tito Corporation had net income of $2,000,000 and paid dividends to common stockholders of $500,000 in 2014. The weighted average number of shares outstanding in 2014 was 400,000 shares. Tito Corporation's common stock is selling for $50 per share on the NASDAQ. Tito Corporation's price-earnings ratio is 10 times. 4 times. 12.5 times. 3 times

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