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X Company had Net Income of $200,000. The number of common shares at the beginning of the year was 13,000, and the number of common

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X Company had Net Income of $200,000. The number of common shares at the beginning of the year was 13,000, and the number of common shares at the end of the year was 15,000. X paid preferred dividends of $20,000. The current market price of one common share of X was $15. What is the P-E ratio? 1.1.32 2.1.63 3.2.20 4.1.17 01 O2 03 0.4

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