The following information pertains to Carlton Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. 
What is the price earnings ratio for this company? Round your answer to one decimal point.
Definitions:
Lubricating Mucus
A thick, slippery secretion produced by mucous membranes and glands, helping to reduce friction and protect surfaces.
Friction
The resistance that one surface or object encounters when moving over another, a fundamental force important for various physical processes.
Adaptation
The process by which a species becomes better suited to its environment through genetic changes that enhance survival and reproduction.
Slither
A movement type characterized by sliding or gliding smoothly over a surface, commonly associated with snakes.
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