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kboard X COBQ this a sh! X Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales.
kboard X COBQ this a sh! X Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales. SLAND HWY, BR $10,000 Cost of goods soid 7,950 Depreciation 470 Earnings before interest and taxes $1,580 Interest paid 100 Taxable income $1,480 518 $962 Taxes Net income Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 $280 $315 Accounts payable $1,610 $1,805 1,110 1,010 Long-term debt 1,070 1.395 1,780 1,745 Common stock 3,360 3,030 $3,170 $3,070 Retained earnings 650 900 Cash Accounts rec. Inventory Total Net fixed assets 3,520 4,060 Total assets $6,690 $7,130 Total liab. & equity $6,690 $7,130 * # D olo LO nute 8
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