The balance sheets at the end of each of the first two years of operations indicate the following: 
If net income is $115,000 and interest expense is $30,000 for 2012, and the market price is $30, What is the price-earnings ratio on common stock for 2012 (Round intermediate calculation to two decimal place and final answers to one decimal place) ?
Definitions:
Psychosurgery
Surgical operations on the brain to relieve severe mental disorders.
Uncontrollable Seizures
Seizure activities that cannot be managed or reduced by medication or other treatments, often impacting an individual's quality of life.
Nerve Clusters
Groups of nerve cells that function as a single unit to process and transmit information in the nervous system.
Electroconvulsive Therapy
A psychiatric treatment in which seizures are electrically induced in anesthetized patients to provide relief from mental disorders.
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