Use this information for Keltman Company to answer the question that follow. The balance sheets at the end of each of the first 2 years of operations indicate the following Kellman Company Year 2 Year 1 Total current assets $623,100 $588,500 Total investments 64,200 40,300 Total property, plant, and equipment 385,600 705,900 Total current satilities 108,300 38.800 Total long-term liabilities 324,300 233,600 Preferred stock, 5100 par 85,100 85,100 Common stock, 510 par 594,200 594,200 Pald.in capital in excess of par-Common stock 18,000 68,000 Retained earnings 393,000 265,000 Using the balance sheets for Kaliman Company, it net income is $119,100 and interest expense is $41.100 for Year 2, and the market price of common shares is $40. what is the price-earnings ratio on common stock for Year 2(Round intermediate calculation and final answer to two decimal places.) Od 10 Use this information for Kelman Company to answer the question that follow The balance sheets at the end of each of the first 2 years of operations indicate the following: Kellman Company Year 2 Year 1 Total current assets $623,100 $588,500 Total investments 64,200 40,300 Total property, plant, and equipment 885,600 705,900 Total current liabilities 108,300 38.000 Total long-term liabilities 324,300 233,600 Preferred stock. $100 a 85,100 85,100 Common stock, $10 par 594,200 594,200 Psic in capital in excess of par-Common stock 18,000 68,000 Retained earnings 393,000 265,000 Using the balance sheets for Kelleman Company, it net income is $119.900 and interest expenses $42.400 for Year 2, and the market price of common shares $40, what is the prior earnings ratio on common stock for Year 27 (Round intermediate calculation and final answer to two decimal places)