Botox facial care had earnings after taxes of $280,000 in 2009 with 200,000 shares of stock outstanding. The stock price was $30.80. In 2010, earnings after taxes increased to $320,000 with the same 200,000 shares outstanding. The stock price was $40.00 Compute earnings per share and the P/E ratio for 2010.
A. $1.60 and 25x
B. $1.60 and 22x
C. $1.40 and 22x
D. $1.40 and 25x