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, 250 7,560 445 $1,245 96 $1,149 402 $ 747 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 190 $ 220 Accounts payable 920 820 Long-term debt 1,690 1,635 Common stock $2,800 $2,675 Retained earnings 3,330 3,850 $6,130 $6,525 Total liab. & equity 2016 2017 $1,210 $1,285 1,060 1,260 3,260 3, 130 600 850 $6,130 $6,525 What is the quick ratio for 2017? Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $9,300 7,600 435 $1,265 94 $1,171 410 $ 761 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 210 $ 245 Accounts payable 970 870 Long-term debt 1,640 1,640 Common stock $2,820 $2,755 Retained earnings 3,380 3,850 $6,200 $6,605 Total liab. & equity 2016 2017 $1,460 $1,550 1,000 1,325 3,220 2,960 520 770 $6,200 $6,605 What is the return on equity for 2017? help Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $9,700 7,550 330 $1,820 97 $1,723 517 $1,206 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 290 $ 305 Accounts payable 950 850 Long-term debt 1,720 1,690 Common stock $2,960 $2,845 Retained earnings 3,470 3,960 $6,430 $6,805 Total liab. & equity 2016 2017 $1,540 $1,535 1,180 1,450 3,200 3,060 510 760 $6,430 $6,805 What were the total dividends paid for 2017? Use the following information to answer this question. Bayside, Inc. 2017 Income Statement ($ in thousands) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $6,120 4,290 330 $1,500 31 $1,469 514 $ 955 Cash Accounts rec. Inventory Total Net fixed assets Total assets Bayside, Inc. 2016 and 2017 Balance Sheets ($ in thousands) 2016 2017 85 $ 190 Accounts payable 960 800 Long-term debt 1,580 2,020 Common stock $2,625 $3,010 Retained earnings 3,590 3,440 $6,215 $6,450 Total liab. & equity 2016 2017 $1,470 $1,780 770 560 3,145 3,030 830 1,080 $6,215 $6,450 What is the equity multiplier for 2017
