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Use the following information to answer this question Windswept, Inc. 2010 Income Statement ($ in millions) Net sales ess: Cost of goods sold Less: Depreciation

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Use the following information to answer this question Windswept, Inc. 2010 Income Statement ($ in millions) Net sales ess: Cost of goods sold Less: Depreciation arnings before interest and taxes ess: Interest paid Taxable Income $ 8,750 7300 305 $ 1,145 ess: Taxes Net income $1,073 322 $ 75 Windswept, Inc. 2009 and 2010 Balance Sheets ($ in millions) 2009 2010 2009 2010 150$165 Accounts payable ash Accounts rec nventory Total Net fixed assets otal assets 1190 $1,367 92 1,520 73 1,53 1,12 term debt ommon stock 950 $ 2,900 710 3,2% $ 2.425 Retained earnings 460 3,2203,680 5,80 $6,105 Total liab. & equity 5,81 6,10 k outstanding. its price-earnings ratio for 2010 is 16. What is the Windswept. Inc. has 300 million shares of st market price per share of stock? O $24.53 O $25.03 O $40.05 o $3787 o $61.07

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