A Company Has 2 Million Shares Outstanding

A company has 2 million shares outstanding. Annual sales are $26 million. The net profit margin is 8% and the dividend payout ratio is 40%. Currently the stock trades at $17.68 per share. Given this information, the company has a P/E ratio of

A) 17 and a dividend yield of 3.20%.
B) 17 and a dividend yield of 2.35%.
C) 16 and a dividend yield of 3.20%.
D) 16 and a dividend yield of 2.35%.