What is the price earning ratio at the end of 2013(rounded to two decimal places)? Javier Co. reported the following income statement and balance sheet amounts on Dec 13, 2013. 2013 2012 Net sales revenue(all credit) $1,700,000. Cost of goods sold $1,040,000. Gross margin $660,000. Selling & general expenses $420,000. Interest expense $60,000. Net income $180,000. Current assets $100,000 $90,000. Long term assets $830,000 $800,000. Total assets $930,000 $890,000.Current liabilities $72,000 $56,000. Long term liability $204,000 $390,000.Common stock holders equity $654,000 $444,000.Total liabilities & stockholder equity $930,000 $890,000.Inventory & prepaid expenses account for $50,000 of the current 2013 current assets. Average inventory for 2013 is $36,000. Average net accounts receivable for 2013 is $62,000. Average one day sales are $5,900. There are 12,000 shares of common stock outstanding at the end of 2013. The market price per share of common stock is$27 at the end of 2013. The EPS for 2013 is equal to $1.50 per share.