Given the following financial statements, calculate the price-to-earnings ratio (P/E). (Round to three decimals) MSFT ($ in millions, shares in millions) Income Statement Sales COGS Gross Profit Research and Dev. SGA FY2023 211,915 65,863 146,052 27,195 16653 Depreciation 13681 Operating Income, EBIT 88,523 Interest Expense Pretax income, EBT Taxes Net income Retained Earnings Dividends Price per share Shares outstanding 1968 86,555 16950 69,605 32,902 36,703 330.24 7,430 Balance Sheet Cash Short-term Investments Accounts Rec. Inventories Other current Assets Total Current Assets Net PPE Intangibles Other assets Total Assets Accounts Payable Current portion of LTD Other Current Liabilities Total Current Liabilities Long-term debt Total Liabilities Common stock Retained Earnings Total Equity Total Liab. And Equity FY2023 34704 76558 48688 2500 21807 184257 95641 101477 30601 411976 18095 5247 80807 104149 101604 205753 93718 112,505 206223 411976