Tito Corporation Had Net Income of $2000000 and Paid Dividends

Tito Corporation had net income of $2000000 and paid dividends to common stockholders of $300000 in 2021.The weighted average number of shares outstanding in 2021 was 400000 shares.Tito Corporation's common stock is selling for $50 per share on the NASDAQ.Tito Corporation's price-earnings ratio is

A) 20 times.
B) 12 times.
C) 10 times.
D) 5 times.