MC algo 3-16 PE Ratio 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 $9,450 7,650 340 $1,460 88 $1,372 412 $ 960 Cash Accounts rec Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets (5 in millions) 2016 2017 s 220 S235 Accounts payable 990 890 Long term debt 1,660 1,600 Common stock $2,670 $2,725 Retained earnings 3,369 3.890 $6,230 $6,615 Total liab. & equity 2016 2017 $1,450 $1,667 1,010 1, 198 3,240 2,970 530 780 $6,230 $6,615 Wildkonnas 370 mon shares of stock ourstanding its p ce-earnings ratio for 2017 is 15. What is the market price per share of stock?