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Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions) Net sales Cost of goods sold Depreciation Earnings before interest

Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income Cash Accounts receivable Inventory Total Net fixed assets Total assets What is the return on equity for 2022? Multiple Choice 2021 2022 $ 270 $ 305 1,090 990 1,730 1,760 $ 3,120 $ 3,025 3,500 4,030 $ 6,620 $ 7,055 $ 9,900 7,900 465 $ 1,535 98 $ 1,437 503 $ 934 Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) Accounts payable Long-term debt Common stock Retained earnings Total liabilities & equity 2021 2022 $ 1,580 $ 1,760 1,060 3,340 640 1,385 3,020 890 $ 6,620 $ 7,055
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a) 39.26%
b) 30.93%
c) 29.37
d) 23.89
e) 50.83
Use the following information to answer this question. What is the return on equity for 2022

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