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The common stock of KRJ Enterprises is currently selling for $31.24 per share. Last year the company reported net income of $364 million. Included on

The common stock of KRJ Enterprises is currently selling for $31.24 per share. Last year the company reported net income of $364 million. Included on its income statement was total depreciation expense of $46 million. There were 200 million shares of common stock outstanding. Using theproxy for cash flow, what is the company's price/cash flow ratio? Present your answer to two decimal places. e.g. 20.00.

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