The following information pertains to diane company. assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. use this information to answer the question that follow. assets cash and short-term investments $ 30,000 accounts receivable (net) 20,000 inventory 15,000 property, plant, and equipment 185,000 total assets $250,000 liabilities and stockholders' equity current liabilities $ 45,000 long-term liabilities 70,000 stockholders' equity—common 135,000 total liabilities and stockholders' equity $250,000 income statement sales $85,000 cost of goods sold 45,000 gross margin $40,000 operating expenses (15,000) interest expenses (5,000) net income $20,000 number of shares of common stock outstanding 6,000 market price of common stock $20 total dividends paid $9,000 cash provided by operations $30,000 using the data provided for diane company, what is the price-earnings ratio?

John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76