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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 Taxes Net income $9,700 7,800 395 $1,505 94 $1,411 494 $ 917 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 240 $ 270 Accounts payable 1,050 950 Long-term debt 1,720 1,710 Common stock $3,010 $2,930 Retained earnings 3,490 3,970 $6,500 $6,900 Total liab. & equity 2016 2017 $1,540 $1,677 1,040 1,353 3,300 3, eee 620 870 $6,500 $6,90 What is the cash coverage ratio for 2017? What is the cash coverage ratio for 2017? Multiple Choice O 16.01 times O 20.21 times 7.04 times O 4.05 times 2.87 times

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