Using information provided in the financial statements below, find the firm's P/E ratio if it has 100 million shares outstanding at the end of 2020 and the stock price was $35. (provide your answer in one decimal place) Balance Sheet Statement (in $million) 2020 2019 Income Statement, 2020 (in $million) Cash 400 300 Gross sales 2,450 Current account receivables 560 450 Cost of raw-material inputs 230 Current inventories 790 550 Cost of labour 850 Total non- 1,200 1,210 Overhead costs 630 current assets Current account 350 250 Operating and maintenance costs 100 payable Other current 690 460 Interest expenses 25 liabilities Non-current debt 580 580 Income taxes 246 Total equity 1,330 1,220