Use the following financial statements to answer the question. Balance Sheet Accounts payable Sales $104,500 Cash Accounts $ 6,700 14,600 $17,500 46,100 Long-term debt Costs of goods sold 77,600 receivable Inventory 22,100 Common stock 25,000 Depreciation 12,200 Net fixed 54,900 Retained earnings 9,700 Interest 3,600 assets Total assets $98.300 Total liab & equity $98,300 Taxes 3,700 Net income S 7.400 What is the price-earnings ratio if the par value per share is $1 and the market price per share is $7.50? OA) 18.01 OB) 25.34 OC) 22.16 OD) 19.97 Use the following financial statements to answer the question. Balance Sheet Income Statement Cash Accounts payable $ 6,700 14,600 $17,500 46,100 Long-term debt Accounts receivable Inventory 22,100 Common stock 25,000 Net fixed 54.900 Retained earnings 9,700 assets Total assets $98.300 Total liab & equity $98.300 What is the common-size ratio of the net fixed assets? Income Statement Sales Costs of goods sold Depreciation Interest Taxes Net income $104,500 77,600 12,200 3,600 3.700 $ 7.400