Using the information given here, what is the price$-$earnings ratio for JKL Company?

$$ After$-$tax income $=$ $$320,000$

$$ Number of shares outstanding $=80,000$

$$ Price per share $=$ $$30$

$$ Book value per share $=$ $$10$

$$ Earnings per share $=$ $$4\mathrm{.}00$

Question $4$Select one:

A$.$

$4\mathrm{.}00$

B$.$

$7\mathrm{.}50$

C$.$

$10\mathrm{.}00$

D$.$

$8\mathrm{.}00$

E$.$

$2\mathrm{.}50$