The Following Data Have Been Taken from Your Company's Financial

Multiple Choice

The following data have been taken from your company's financial records for the current year:
$\begin{array}{|l|r|}\hline \text { Earnings per Share } & \$ 10 \\\hline \text { Dividend per Share } & \$ 6 \\\hline \text { Market Price per Share } & \$ 90 \\\hline \text { Book Value per Share } & \$ 70 \\\hline\end{array}$
What is the price-earnings ratio?

A) 1.67 to 1.
B) 7.00 to 1.
C) 9.00 to 1.
D) 15.00 to 1.