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Use the following information to answer this question, Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before

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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 Net income $9, 100 7,500 425 $1,175 190 $1,085 380 $ 705 Cash Accounts rec. Inventory Total Net fixed assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 190 $ 225 Accounts payable 1,000 900 Long-term debt 1,600 1,610 Common stock $2,790 $2,735 Retained earnings 3,340 3,790 $6,130 $6,525 Total liab. & equity 2016 2017 $1,300 $1,530 1,040 1,305 3,290 2,940 500 750 Total assets $6,130 $6,525 What is the return on equity for 2017

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