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Question 4 10 pts Johnson & Johnson Co. has the sales of $82,584 million, net income of $14.714 million, and the book equity of $63,278

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Question 4 10 pts Johnson & Johnson Co. has the sales of $82,584 million, net income of $14.714 million, and the book equity of $63,278 million. It has 2,632.5 million shares outstanding. The industry average P/E ratio is 25.11, Price/Book ratio is 4.30, and Price/Sales ratio is 3.89. What is the expected price of this stock using the Price/Book ratio? O $122.03 O $140.35 O $103.36 O $165.90

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