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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
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 $10,100 B,000 415 $ 1,685 102 $ 1,583 554 $ 1,029 Net income Cash Accounts rec. Inventory Total Windswept, Inc. 2016 and 2017 Balance sheets ($ in millions) 2016 2017 $ 280 310 Accounts payable 1,130 1,030 Long-term debt 1, 800 1.770 Common stock SR210 $3. 110 Betained earnine 2016 2017 $1,660 $1,857 1,080 1,393 3,380 3,040 660 910 Use the following information to answer this question Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes $10,100 B,000 415 $ 1,685 102 $ 1,583 554 $ 1,029 Net income Cash Accounts rec. Inventory Total Windswept, Inc. 2016 and 2017 Balance sheets ($ in millions) 2016 2017 $ 280 310 Accounts payable 1,130 1,030 Long-term debt 1, 800 1.770 Common stock SR210 $3. 110 Betained earnine 2016 2017 $1,660 $1,857 1,080 1,393 3,380 3,040 660 910
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