The following data have been taken from your company's financial records for the current year: 
What is the price-earnings ratio?
Definitions:
Bond Indenture
The contract between a corporation issuing bonds and the bondholders.
Amortization
The process of gradually writing off the initial cost of an intangible asset over a fixed period of time in a manner similar to depreciation of physical assets.
Bond Premiums
The amount by which the selling price of a bond exceeds its face value.
Allocation Process
A method of distributing resources or costs among various departments, projects, or products.
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