46 Based on the information in the table, what is the share price when the enterprise value to sales (EV/Sales) multiple of a comparable company is 2.4x?

Income Statement Millions

Sales $3,000 EBITDA $2,200 EBIT $1,750 Net Income $1,100 Balance Sheet Millions Cash and Cash Equivalents $120 Short Term Interest Bearing Debt $210 Long Term Interest Bearing Debt $850 BV Equity $1,500 Shares Outstanding in Millions 100 Share Price Review Later $29.4 $62.6 $48.7 $13.5