LUV Inc. is expected to generate $$0\mathrm{.}76$ earnings per share this year. The company has a dividend payout ratio of $95\%$ and a P$/$E ratio of $45\mathrm{.}28.$ What should one share of this common stock be selling for in the market?

$$34\mathrm{.}41$

$$38\mathrm{.}28$

$$36\mathrm{.}55$

$$32\mathrm{.}69$

The following information is available for AMD Corp.

Accounts Receivable: $$5,385$ million

Current Assets: $$16,768$ million

Total Assets: $$67,885$ million

Current Liabilities: $$6,689$ million

Long$-$Term Debt: $$5,304$ million

Revenues: $$22,680$ million

Net Profit Margin: $3\mathrm{.}77\%$

Number of shares outstanding: $1,620$ million

Current stock price: $$189\mathrm{.}79$

What is the average collection period?

$59\mathrm{.}92$ days

$14\mathrm{.}21$ days

$86\mathrm{.}66$ days

$42\mathrm{.}63$ days

Chegg allows two questions. Show work. Thank you!