Using the balance sheet information for Huntsville Manufacturing Company provided below, calculate the comparny's 2017 price to earnings ratio. Assume the company has $478,654 in 2017 net income, 500,000 in shares of common stock outstanding. and a current share price of $9.75. Enter your answer as a number with four places of precision (ie. 0.1234 or 1.234 ) - ensure that you precede the decimal point with a number