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Use the following information to answer this question. 27 8 00:16:38 Windswept, Inc. 2010 Income Statement ($ in millions) Net sales $ 11,100 Less: Cost
Use the following information to answer this question. 27 8 00:16:38 Windswept, Inc. 2010 Income Statement ($ in millions) Net sales $ 11,100 Less: Cost of goods sold 8,050 Less: Depreciation 430 Earnings before interest and taxes $ 2,620 Less: Interest paid 104 Taxable income $ 2,516 Less: Taxes 881 Net income $ 1.635 Windswept, Inc. 2009 and 2010 Balance Sheets ($ in millions 2009 2010 | 2009 2010 Cash $ 300 $ 330 Accounts payable $ 1.870 $ 1.932 Accounts rec. 1150 1,050 Long-term debt 1.090 1.373 Inventory 2.060 1775 Common stock $3,400 $ 3.050 Total $ 3,510 $ 3,155 Retained earnings 670 920 Net fixed assets 3.520 4120 Total assets $ 7,030 $ 7.275 Total llab. & equity $ 7.030 $ 7275 What is the
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