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Use the information below to calculate the forward P / E ratio ( number with 2 decimal places, like 3 . 3 3 ) .

Use the information below to calculate the forward P/E ratio (number with 2 decimal places, like 3.33).
Success, Inc.
Total Stockholder Equity $660000 millions
Cash & Equivalents $8800 millions
Long Term Debt $3800 millions
Total Revenue $940000 millions
EBIT $76000 millions
Net Income $61000 millions
Depreciation $700 millions
Shares Outstanding 55000 millions
Payout ratio 25%
Stock Price $24
Forecasted EPS growth 8%
Forecasted CFPS growth 8%
Forecasted Sales growth 4%
Forecasted BV growth 7.5%
The correct answer is: 20.04

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