Smith Reported the Following for 2012 The Price Earnings Ratio and Dividend Payout Were:
A)16

Smith reported the following for 2012. $\begin{array}{lr}\text { Beginning market price } & \$ 20.00 \\\text { Average market price } & 24.00 \\\text { Ending market price } & 26.00\\\text { Earnings per share: }\\\text { Basic } & 1.80 \\\text { Diluted } & 1.60 \\\text { Cash dividends per share } & 1.00\\\end{array}$ The price earnings ratio and dividend payout were:

A) 16.25 and 62.50%.
B) 16.25 and 65.00%.
C) 17.00 and 62.50%.
D) 15.00 and 62.50%.
E) 15.00 and 60.00%.