Solve the problem.
-The following information on Company X appears in a stock table. Find the price-to-earnings ratio for Company X. 
Definitions:
Partnership Firm
A business entity created when two or more individuals agree to share the profits and losses of a business venture.
Indemnified
Protected against loss, damage, or legal liability through a legal agreement or insurance.
Expenditures
Money spent or costs incurred in the course of conducting business or achieving a project.
Personal Funds
Money that belongs to an individual and is used for personal, as opposed to business or other external, purposes.
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