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Inc. has the sales of $9,763 million, net income of $2,490 million, and the book equity of $5,837 million. It has 1,211 million shares outstanding.

Inc. has the sales of $9,763 million, net income of $2,490 million,

and the book equity of $5,837 million. It has 1,211 million shares

outstanding. The industry average P/E ratio is 37.26, Price/Book ratio

is 5.97, and Price/Sales ratio is 4.95. What is the expected price of this

stock using the P/E ratio?

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