Balance sheet and Income statement are the same for both questions.

Question 14 (3 points) Balance Income Sheet Statement (Millions) (Millions) Assets Cash 1,290 Net Sales 51,600 Receivables 9,890 Operating Costs 48,246 13,760 Depreciation Inventory 903 18,060 EBIT Total Assets 43,000 Interest PP&E 2,451 927 BT 1,524 Liabilities and Taxes 534 Accounts 8,170 Net Income 990 Payable Notes 6,677 Payable Wages Payable Long Term Bonds 4,073 Other Data 8,815 Shares Outstanding (millions) 15,265 Common 750 Total Equity $346.67 BT 1,524 Liabilities and es 534 E Accounts 8,170 Net Income 990 Payable Notes 6,677 Payable Wages Payable Long Term 4,073 Other Data 8,815 Shares Outstanding 750 Bonds (millions) Total Equity 15,265 Common $346.67 Dividends (millions) 43,000 Current Interest Total 6.25% Liabilities and Rate Tax rate 35% Stock Price $35 6.25% 43,000 Current Interest Total Rate Liabilities and OE Tax rate 35% Stock Price $35 Calculate the P/E ratio. Show work for credit. anu vL Tax rate 35% Stock Price $35 Calculate the current ratio. Show work for credit