1st table and 2nd table

Use the following information to answer this question Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $9,850 7,850 360 $1,640 96 $1,544 463 $1.081 Cash Accounts rec. Inventory Total Net fixed assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 260 $ 280 Accounts payable 1,070 970 Long-term debt 1,740 1,640 Common stock $3,070 $2,890 Retained earnings 3,440 4,010 2016 2017 $1,510 $1,772 1,050 1,238 3,320 3,010 630 880 2016 $1,510 1,050 3,320 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 260 $ 280 Accounts payable 1,070 970 Long-term debt 1,740 1,640 Common stock $3,070 $2,890 Retained earnings 3,440 4,010 $6,510 $6,900 Total liab. & equity 2017 $1,772 1,238 3,010 880 630 $6,510 $6,900 Windswept, Inc., has 530 million shares of stock outstanding. Its price-earnings ratio for 2017 is 24. What is the market price per share of stock? Multiple Choice 0 $7426