Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions) Net sales $ 8,700 Cost of goods sold 7,250 Depreciation 350 Earnings before interest and taxes $ 1,100 Interest paid 83 Taxable income $ 1,017 Taxes 356 Net income $ 661 Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) 2021 2022 2021 2022 Cash $ 140 $ 120 Accounts payable $ 1,070 $ 1,212 Accounts receivable 800 720 Long-term debt 980 1,213 Inventory 1,510 1,535 Common stock 3,150 2,890 Total $ 2,450 $ 2,375 Retained earnings 450 700 Net fixed assets 3,200 3,640 Total assets $ 5,650 $ 6,015 Total liabilities & equity $ 5,650 $ 6,015 What is the equity multiplier for 2022? Multiple Choice 1.68 times 3.01 times 2.42 times 1.26 times 2.08 times