The following information pertains to Eura Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 40,000 Accounts receivable (net) 30,000 Inventory 25,000 Property, plant and equipment 215,000 Total Assets $310,000 Liabilities and Stockholders  Equity Current liabilities $ 60,000 Long-term liabilities 75,000 Stockholders  equity common 175,000 Total Liabilities and Stockholders  Equity $310,000 Income Statement Sales $ 90,000 Cost of goods sold 45,000 Gross profit 45,000 Operating expenses 25,000 Net income $ 20,000 Number of shares of common stock 5,000 Market price of common stock $22 Dividends per share 1.00 What is the price-earnings ratio for Eura?