CorpCo gathered the following information as of the end of the current fiscal year: 
What is CorpCo's price-earnings ratio? Round your answer to one decimal place.
Definitions:
Balance Sheet
An accounting summary showing the assets, liabilities, and owner's equity of a company on a given date.
Retainer Fee
A payment made in advance to hire or retain professional services, ensuring availability over a specific period.
Earned
Income or revenue that has been generated from business activities or investments, substantiated by the delivery of goods or services.
Adjustment
A modification or change made to financial records or statements to correct an error or reflect more accurately the financial position.
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