Use the following information to answer this question: Windswept, Incorporated 2021 Income Statement ($ in millions) Net sales $ 10,350 Cost of goods sold Depreciation Earnings before interest and taxes 7,800 405 $ 2,145 Interest paid Taxable income 94 $ 2,051 Taxes 431 Net income $ 1,620 Windswept, Incorporated 2020 and 2021 Balance Sheets ($ in millions) 2020 2021 2020 2021 Cash $ 280 $ 250 1,050 1,910 Accounts payable Long-term debt $ 1,670 $1,707 Accounts received 950 1,040 1,323 Inventory Total Net fixed assets 1,700 $ 2,930 3,970 $ 6,900 Common stock 3,300 3,000 $ 3,210 Retained earnings 620 870 3,420 Total assets $ 6,630 Total liabilities & equity $ 6,630 $ 6,900 What is the equity multiplier for 2021? What is the equity multiplier for 2021? Multiple Choice 1.78 times 2.67 times 2.30 times 3.45 times 1.32 times