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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

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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 interest and taxes Interest paid Taxable income Taxes Net income $12,950 7,950 495 $4,505 100 $ 4,405 1,542 $ 2,863 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 $ 260 $ 290 Accounts payable 2017 2016 2017 Cash Accounts rec. Inventory Total Net fixed assets Total assets 1,110 2,000 $ 3,370 3,530 $ 6,900 1,010 Long-term debt 1,735 Common stock 3,035 Retained earnings 4,070 7105 Total liab.&equity $1,820 $1,775 1,0701390 3,360 3,040 900 650 6,900 $7105 What is the fixed asset turnover for 2017? 3.18 times O 1.82 times O 31 times O 2.25 times O 4.27 times

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