tion 2 et ered On Dec. 31, 2020, Mindy Co. prepared its income statement and it showed a profit of $127,500. The business has 75,000 shares outstanding in the market The current market price of its share is $16. The company also declared $25,000 dividend to its shareholders. What is the P/E ratio? ced out of F ag question Ti O a. $9.50 O b. none of the choice is correct O C. 8 times O d. 10 times Фе. $10.70