Use the following information to answer this question:

Windswept Incorporated
2021 Statement of Comprehensive Income
($ in millions)
Net sales	$ 9,450
Cost of goods sold	7,500
Depreciation	375
Earnings before interest and taxes	$ 1,575
Interest paid	93
Taxable income	$ 1,482
Taxes	311
Net income	$ 1,171

Windswept Incorporated
2020 and 2021 Statement of Financial Position
($ in millions)
	2020	2021		2020	2021
Cash	$ 190	$ 220	Accounts payable	$ 1,270	$ 1,467
Accounts received	900	800	Long-term debt	1,030	1,263
Inventory	1,660	1,610	Common stock	3,250	2,940
Total	$ 2,750	$ 2,630	Retained earnings	500	750
Net fixed assets	3,300	3,790
Total assets	$ 6,050	$ 6,420	Total liabilities & equity	$ 6,050	$ 6,420

What is the equity multiplier for 2021?

Multiple Choice

2.56 times

2.18 times

1.74 times

3.21 times

1.29 times