Tempel Corporation has provided the following data: 
The market price of common stock at the end of Year 2 was $2.77 per share.The company's price-earnings ratio for Year 2 is closest to:
Definitions:
Nobel Prizes
A set of annual international awards bestowed in several categories by Swedish and Norwegian institutions in recognition of academic, cultural, or scientific advances.
Cross-Sectional Study
Research that compares people of different ages at the same point in time.
Different Age Groups
Categories of people classified based on their age, often considered in research, marketing, and planning to address specific needs, behaviors, or characteristics.
Retested
The process of administering a test or assessment for a second time to measure changes in performance or condition.
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