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Financial information, amounts in millions of US dollars: Net sales revenue 12,000 Net income 1,500 Total assets 3,700 Total liabilities 2,200 Total stockholders' equity 1,500

Financial information, amounts in millions of US dollars:
Net sales revenue 12,000
Net income 1,500
Total assets 3,700
Total liabilities 2,200
Total stockholders' equity 1,500
Shares outstanding, in thousands:
Common stock 30,000
Preferred stock 25
Common stock price, US dollars: $ 800.00
What is the price/earnings ratio?
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