Using the balance sheets for Kellman company if net income is $250,000 and interest is 20,000 for year 2 and the market price of common shares is $30 what is the price earnings ratio on common stock for year 2 (round intermediate calculation to two decimal places and final answer is one of the decimal places and final answer to one decimal place) a. 7.5 b. 13.4 C 12.1 D 8.5