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 $11,550 8,200 445 $ 2,905 110 $ 2,795 978 $ 1,817 Net income Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 330 $ 360 Accounts payable 1,210 1, 110 Long-term debt 2,150 1,820 Common stock $3,690 $3,290 Retained earnings 3,580 4,210 $7,270 $7,500 Total liab. & equity 2016 2017 $1,990 $2,067 1,120 1,403 3,460 3,080 950 700 $7,270 $7,500 What is the equity multiplier for 2017? Multiple Choice 1.37 times 2.87 times 3.75 times O 1.86 times 2.44 times