Use this information for Kellman Company to answer the question that follow. The balance sheets at the end of each of the first two years of operations indicate the following: Kellman Company Year 2 Year 1 Total current assets $600,000 $560,000 Total investments 60,000 40,000 Total property, plant, and equipment 900,000 700,000 Total current liabilities 125,000 65,000 Total long-term liabilities 350,000 250,000 Preferred 9% stock, $100 par 100,000 100,000 Common stock, $10 par 600,000 600,000 Paid-in capital in excess of par-Common stock 75,000 75,000 Retained earnings 310,000 210,000 Using the balance sheets for Kellman Company, if net income is $250,000 and interest expense is $20,000 for Year 2, and the market price of common shares is $30, what is the price-earnings ratio on common stock for Year 2? (Round intermediate calculation to two decimal places and final answers to one decimal place.) Oa. 13.4 Ob. 7.5 Oc. 12.1 Od. 8.5 The following information pertains to Dlane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Use this information to answer the question that follow. Assets Cash and short-term investments Accounts receivable (net) Inventory Property, plant, and equipment Total assets $ 30,000 20,000 15,000 185.000 $250,000 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity-Common Total liabilities and stockholders' equity $ 45,000 70,000 135.000 $250,000 Income Statement Sales Cost of goods sold Gross margin Operating expenses Interest expenses Net income $85,000 45.000 $40,000 (15,000) _(5,000) $20,000 Number of shares of common stock outstanding Market price of common stock Total dividends paid Cash provided by operations 6,000 S20 $9,000 $30,000 Using the data provided for Diane Company, what is the return on common stockholders' equity? Oa. 14.8% Ob 13.5% OG 6.75% Od. 7.4% The following information pertains ta Diane Campany. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Use this information to answer the question that follow. Assets Cesh and short-term investments Accounts receivable (net) Inventory Property, plant, and equipment Total assets $ 30,000 20,000 15,000 185,00 $250,000 Liabilities and Stockholders' Equity Current abilities Long-term liabilities Stockholders' equity-Cornan Total liabilities and stockholders' equity $ 45,000 70,000 135,000 $250.000 Income Statement Sales Cost of goods sold Gross margin Operating expenses Interest expenses Net incorre $85,000 45.000 $40,000 (15,000) (5,000) $20,000 Number of shares of common stock outstanding Market price of common stock Total dividends paid Cash provided by operations 6,000 $20 $9,000 $30,000 using the data provided for Dlanc Company, what is the price-camings ratia? Oames Ob 2.5 times Oc. 80 times Od 40 times