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Use the following information to answer this question Windswept, Inc. 2017 Income Statement (s in millions) Net sales Cost of goods sold Depreciation Earnings before
Use the following information to answer this question Windswept, Inc. 2017 Income Statement (s 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 $ 198 $ 220 Accounts payable 920 820 Long-term debt 1,698 1,635 Common stock $2,800 $2,675 Retained earnings 3,330 3,850 $6,130 $6,525 Total liab. & equity 2016 $1,210 1,e6e 3,260 tee 2017 $1,285 1,260 3,130 850 $6,138 $6,525 Multiple Choice 1.91 times 1.27 times .81 times 2.08 times .79 times Use the following information to answer this question Windswept, Inc. 2017 Income Statement (s 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 $ 198 $ 220 Accounts payable 920 820 Long-term debt 1,698 1,635 Common stock $2,800 $2,675 Retained earnings 3,330 3,850 $6,130 $6,525 Total liab. & equity 2016 $1,210 1,e6e 3,260 tee 2017 $1,285 1,260 3,130 850 $6,138 $6,525 Multiple Choice 1.91 times 1.27 times .81 times 2.08 times .79 times
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