Assignment: Problem Set 3C Using the data shown for Windswept, Inc., calculate the following for 2017 (round to 2 decimal places): 1. Days sales in receivables 2. Inventory turnover 3. The market price per share of stock if there are 550 million shares outstanding and the price-earnings ratio for 2017 is 12. Windswept, Inc 2017 Income Statement is in milions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes toteresi pad Taxable income Taxes Netiscome $10.550 8.200 395 $ 1955 110 $ 1.845 554 $ 1291 Cash Accounts rec Inventory Total Net fixed assets Total assets 1.110 Windswept, Inc 2016 and 2017 Balance Sheets ($ in millions) 2017 $ 355 Accounts payable Long-term debt 1710 Common stock $ 3.175 Retained earnings 4.220 $ 7,395 Total liab. & equity 2016 $ 330 1210 1,880 $ 3,420 3.580 $ 7.000 2016 2017 $ 1,720 S 2.057 1.120 1308 3,460 3,080 700 950 $ 7.000 $ 7,395 2-13