Bryan Computer has the following income statement and balance sheet. What is Bryan's price-to earnings ratio ? 8.52x 9.79x 21.20x 26.21x 30.04x \begin{tabular}{|l|r|} \hline Sales & 1 , 200 , 000 \\ \hline Cost of goods sold & 750,000 \\ \hline Selling, general \& admin expenses & 185,000 \\ \hline Depreciation & 56,000 \\ \hline Interest expense & 14,000 \\ \hline Taxes (30\%) & 58,500 \\ \hline Net income & 136,500 \\ \hline & \\ \hline Cash & 60,000 \\ \hline Receivables & 90,000 \\ \hline Inventory & 150,000 \\ \hline Net fixed assets & 480,000 \\ \hline Total Assets & 780,000 \\ \hline Accounts payable & 55,000 \\ \hline Other current liabilities & 40,000 \\ \hline Notes payable & 15,000 \\ \hline Long-term debt & 115,000 \\ \hline Total Equity & 555,000 \\ \hline Total Liabilities \& Equity & 780 , 000 \\ \hline & \\ \hline Earnings per share & 1.25 \\ \hline Price per share & 26.50 \\ \hline Shares outstanding & 40,000 \\ \hline \end{tabular} .

1. Bryan Computer has the following income statement and balance sheet.
What is Bryan's price-to earnings ratio ?
8.52x
9.79x
21.20x
26.21x
30.04x
begin{tabular}{|l|r|} hline Sales & 1 , 200 , 000 hline Cost of goods sold & 750,000 hline
Selling, general & admin expenses & 185,000 hline Depreciation & 56,000 hline Interest
expense & 14,000 hline Taxes (30%) & 58,500 hline Net income & 136,500 hline &
hline Cash & 60,000 hline Receivables & 90,000 hline Inventory & 150,000 hline Net
fixed assets & 480,000 hline Total Assets & 780,000 hline Accounts payable & 55,000
hline Other current liabilities & 40,000 hline Notes payable & 15,000 hline Long-term
debt & 115,000 hline Total Equity & 555,000 hline Total Liabilities & Equity & 780 , 000
hline & hline Earnings per share & 1.25 hline Price per share & 26.50 hline Shares
outstanding & 40,000 hline end{tabular}