Bogart Company Has 40,000 Shares of Common Stock Outstanding

Bogart Company has 40,000 shares of common stock outstanding.The book value per share of this stock was $60 and the market value per share was $75 at the end of the year.Net income for the year was $400,000.Interest on long-term debt was $40,000.Dividends paid to common stockholders were $3 per share.The tax rate was 30%.The company's price-earnings ratio at the end of the year was

A) 7.5.
B) 20.
C) 25.
D) 6.