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KO Co. has the sales of $37,266 million, net income of $8,920 million, and the book equity of $18,981 million. It has 4,300 million shares

KO Co. has the sales of $37,266 million, net income of $8,920 million, and the book equity of $18,981 million. It has 4,300 million shares outstanding. The industry average P/E ratio is 23.82, Price/Book ratio is 4.72, and Price/Sales ratio is 3.42. What is the expected price of KO Stock using the P/E ratio?

$49.41

$50.85

$20.83

$29.64

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