Excel templates are not needed to answer this question. Latest financial data for "Apple Inc." is provided below. Apple Inc. 2020 2019 Balance Sheet (all numbers in millions) Cash $ 90,979 $ 100,580 A/R (Accounts Receivable) $ 37,445 $ 45,804 Inventories $ 4,061 $ 4,106 Other Current Assets $ 11,228 $ 12,329 Total Current Assets $ 143,713 $ 162,819 Gross Fixed Assets $ 112,096 $ 95,957 Less: Depreciation $ 66,760 $ 58,579 Net Fixed Assets $ 45,336 $ 37,378 Other Long-Term Assets $ 134,839 $ 138,319 Total Assets $ 323,888 $ 338,516 Accounts Payable $ 42,296 $ 46,236 Notes Payable $ 63,096 $ 59,482 Accruals $ $ Total Current Liabilities $ 105,392 $ 105,718 Long-term Debt $ 107,049 $ 91,807 Common Stock $ 50,373 $ 44,590 Retained Earnings $ 14,966 $ 45,898 Other Long-Term Liabilities $ 153,157 $ 142,310 Total Stockholder Equity $ 65,3395 90,488 Total Liabilities & Stockholder Equity s 323,888 S 338,516 Accounts Payable $ 42,296 $ 46,236 Notes Payable $ 63,096 $ 59,482 Accruals $ $ Total Current Liabilities $ 105,392 $ 105,718 Long-term Debts 107,049 $ 91,807 Common Stock $ 50,373 $ 44,590 Retained Earnings $ 14,966 $ 45,898 Other Long-Term Liabilities $ 153,157 $ 142,310 Total Stockholder Equity $ 65,339 $ 90,488 Total Liabilities & Stockholder Equity $ 323,888 $ 338,516 Income Staement (all numbers in millions) Sales $ 274,150 $ Cost of Goods Sold $ 170,143 $ Other Expenses $ 27,612 $ EBITDA S 76,395 $ Depreciation & Ammortization $ 11,056 $ EBIT $ 65,339 $ Net Income $ 57,411 S 259,968 162,264 21,309 76,395 11,300 65,095 55,256 Latest Share Price $146.83 Shares Outstanding (in millions) 17,352 What was the company's most-recent "Price to Earnings Ratio, or P/E Ratio"? Enter your answer in the following format: 12.34 Hint: Price to Earnings Ratio (P/E) is between 39.9 and 47.9