Current Attempt in Progress Cullumber, Inc. reported earnings per share of $2 based on a proht after tax of $435,000. The company's common shares were selling at $26 per share. During the same year, the company declared and paid total cash dividends of $78,300. Calculate the price-earnings ratio and the payout ratio, Price-earnings ratio times % Payout ratio Attempts: 0 of 1 used Submit Answer Save for Later