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For calendar 2020, Budapest Corp. reported net income of $ 29,280 and earnings per share of $ 2.46. There were 12,000 common shares outstanding during 2020. On Dec 31, 2020, the market price for Budapest's common shares was $ 32. To the nearest whole number, what is Budapest's price earnings ratio at Dec 31, 2020?
Securities and Exchange Commission
A US government agency responsible for enforcing federal securities laws, regulating the securities industry, and overseeing the nation's stock and options exchanges.
CMA
Certified Management Accountant, a professional certification for accounting and financial professionals in business.
CISA
Certified Information Systems Auditor, a designation awarded to IT auditors who pass an exam and meet specific work experience requirements.
IRS
The Internal Revenue Service, a U.S. government agency responsible for the collection of taxes and enforcement of tax laws.
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