Your family would like to purchase 600 shares of Sudsy Soap stock at $35 a share. Sudsy Soap had the following figures for the past year. Based on the data below, what is the company P/E ratio?

Annual earnings $ 100,000

Shares of stock 10,000

Corporate assets $1,500,000

Corporate liabilities $ 800,000

Cash dividends (annual) $ 5,000

Market price of stock $ 35

Growth rate 8 percent

a) 3.00

b) 2.33

c) 0.23

d) 3.50

Your family would like to purchase 600 shares of Sudsy Soap stock at $35 a share. Sudsy Soap had the following figures for the past year. Based on the data below, what is the dividend payout ratio of the company? Annual earnings $ 100,000 Shares of stock 10,000 Corporate assets $1,500,000 Corporate liabilities $ 800,000 Cash dividends (annual) $ 5,000 Market price of stock $ 35 Growth rate 8 percent a) 5.0 b) 2.5 c) 0.5 d) 0.05

please show all workings clearly