Young, Inc. 2018 Statement of comprehensive income ($ in millions)
Net sales	$1,384
Less: Cost of goods sold	605
Less: Depreciation	180
Earnings before interest and taxes	599
Less: Interest paid	80
Taxable income	519
Less: Taxes	156
Net income	$363
Addition to retained earnings	$254
Dividends paid	109

Young, Inc. 2017 and 2018 Statement of financial position ($ in millions)
	2017	2018		2017	2018
Cash	$100	$121	Accounts payable	$400	$350
Accounts rec.	350	425	Notes payable	390	370
Inventory	440	410	Total	$790	$720
Total	$890	$956	Long-term debt	500	550
Net fixed assets	1,556	1,704	Common stock	600	580
			Retained earnings	556	810
Total assets	$2,446	$2,660	Total liabilities	$2,446	$2,660

If Young stock sells for $40 and there are 100 million shares outstanding, what is the P/E ratio($ in millions)?

		10.26
		32.49
		5.68
		11.02
		25.64