If Young stock sells for $40 and there are 100 million shares outstanding, what is the P/E ratio($ in millions)? 5.68 10.26 11.02 32.49 25.64 Young, Inc. 2018 Statement of comprehensive income ($ in millions) INet sales $1,384 Less: Cost of goods sold 605 Less: Depreciation 1801 Earnings before interest 599 land taxes Less: Interest paid 80 Taxable income 519 Less: Taxes 156 INet income $363 Addition to retained $254 learnings Cash $1001 $121 Accounts $4001 $350 payable Accounts 350 425 Notes 3901 370 rec. payable Inventory 440 410 Total $7901 $7201 Total $890 $956 Long-term 500 550 debt Net fixed 1.556 1,704 Common 600 5801 assets stock Retained 556 8101 earnings Total $2,446 $2,660 Total $2,446 $2,660 assets liabilities If Young stock sells for $40 and there are 100 million shares autstanding what is the D7 pals in millions 2 Young, Inc. 2018 Statement of comprehensive income ($ in millions) INet sales $1,384 Less: Cost of goods sold 605 Less: Depreciation 1801 Earnings before interest 599 land taxes Less: Interest paid 80 Taxable income 519 Less: Taxes 156 INet income $363 Addition to retained $254 learnings