Use the following information to answer this question. 4 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 $9,300 7,600 375 $1,325 99 $1,226 429 $ 797 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 200 $ 230 Accounts payable 970 870 Long-term debt 1,64 1,650 Common stock $2,81$2,750 Retained earnings 3,410 3,850 $6,220 $6,600 Total liab. & equity 2016 2017 $1,480 $1,557 1, eee 1,313 3,220 2,960 520 770 $6,220 $6,600 What is the cash coverage ratio for 2017? What is the cash coverage ratio for 2017? Multiple Choice -47 2.32 times 7.39 times 17.17 times 3.80 times 13.38 times