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N 5 points 00:57:43 Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest
N 5 points 00:57:43 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 Cash Accounts rec. Inventory Total Net fixed assets Total assets $10,450 8,150 390 $ 1,910 108 $ 1,802 541 $1,261 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2017 $3,370 $3,135 3,560 4,190 $6,930 $7,325 2016 $ 320 $ 345 Accounts payable 1,190 1,090 Long-term debt 1,860 1,700 Common stock Retained earnings Total liab. & equity 2016 $1,690 1,110 3,440 690 2017 $2,017 1,298 3,070 940 $6,930 $7,325 Windswept, Inc., has 590 million shares of stock outstanding. Its price-earnings ratio for 2017 is 20. What is the market price per share of stock?
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