Doonan Corporation has provided the following financial data from its balance sheet and income statement: 
The market price of common stock at the end of Year 2 was $4.79 per share.The company's price-earnings ratio for Year 2 is closest to: (Round your intermediate calculations to 2 decimal places.)
Definitions:
Non-renewable Resource
A non-renewable resource is a natural resource that cannot be readily replaced by natural means on a level equal to its consumption, such as oil, natural gas, and coal.
Population Growth
The increase in the number of individuals in a population, commonly influenced by factors such as birth rates, death rates, and immigration.
Resource Consumption
The usage of natural resources by humans for various purposes, including energy, food, and raw materials.
Resource Use
The exploitation and utilization of natural resources by humans for various needs, including energy, building materials, and food.
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