13) Use the following information to answer this question.

Windswept, Inc. 2017 Income Statement ($ in millions)
Net sales	$	9150
Cost of goods sold		7400
Depreciation		365
Earnings before interest and taxes	$	1385
Interest paid		89
Taxable income	$	1296
Taxes		454
Net income	$	842

Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions)
		2016			2017				2016			2017
Cash	$	170		$	200		Accounts payable	$	1190		$	1377
Accounts rec.		860			760		Long-term debt		1010			1243
Inventory		1600			1580		Common stock		3210			2920
Total	$	2630		$	2540		Retained earnings		480			730
Net fixed assets		3260			3730
Total assets	$	5890		$	6270		Total liab. & equity	$	5890		$	6270

What is the equity multiplier for 2017? 13) ______

A) 1.72 times

B) 2.51 times

C) 1.28 times

D) 2.15 times

E) 3.13 times