Use the following information to answer questions 53-55. During 2018, Amazing Corp. reported after-tax net income of $900,000 and paid $175,000 in common dividends. The weighted average number of common shares issued in 2018 was 200,000. There are no preferred shares issued. At year end, Amazing's common shares are selling for $81 per share on the Toronto Stock Exchange Amazing's basic earnings per share for 2018 is $22.22. $3.63 $4.50. $5.14. Previous Page Next Page Page 53 of 62 Question 54 (2 points) Amazing's price-earnings ratio is 180 times. 12 times. 18 times. 6 times. Previous Page Next Page Page 54 of 62 Question 55 (2 points) Amazing's payout ratio for 2018 is $1.00. 5.6%. 22.2%. 19.4%