Financial statements for Larned Company appear below: 
Dividends during Year 2 totaled $263 thousand, of which $12 thousand were preferred dividends.
The market price of a share of common stock on December 31, Year 2 was $160.
-Larned Company's price-earnings ratio on December 31,Year 2 was closest to:
Definitions:
Rental Cost
The price paid for the temporary use of a good, service, or property owned by another entity.
Capital
Resources or assets used in the production of goods and services.
College Education
Refers to the post-secondary education that students receive at universities, colleges, and other institutions, offering degrees and certifications beyond high school education.
Energy-Saving Machine
A type of machinery or device designed to use less energy for the same level of output, contributing to efficiency and reduced environmental impact.
Q12: Find all the maximum and minimum
Q31: The after-tax cost of a deductible cash
Q32: Management is considering purchasing an asset for
Q52: Ignoring any salvage value,to the nearest whole
Q69: Use the graph of the function
Q72: The opportunity cost of making a component
Q84: Use logarithmic differentiation to find the
Q110: (Ignore income taxes in this problem. )If
Q114: The inventory turnover for Year 2 is
Q127: If <span class="ql-formula" data-value="f(x)=\frac{x}{\ln x}"><span