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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

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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 and taxes Interest paid Taxable income Taxes Net income Cash Accounts receivable Inventory Total Net fixed assets Total assets 2021 $ 150 920 1,520 $ 2,590 3,260 $ 5,850 What is the return on equity for 2022? $ 8,700 7,340 405 $ 955 82 $873 306 $ 567 Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) 2022 $185 730 1,550 $ 2,465 3,670 $ 6,135 Accounts payable Long-term debt Common stock Retained earnings Total liabilities & equity 2021 $ 1,180. 1,000 3,210 460 $ 5,850 2022 $ 1,260 1,265 2,900 710 $ 6,135 What is the return on equity for 2022? Multiple Choice O O O 18.56% 19.55% 15.71% 26.45% 32.93%

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