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Use the following tpx Use the following information to answer this question. 2017 Income Statement In 9,550 Net sales Cost of goods sold 345 Earmings

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tpx Use the following information to answer this question. 2017 Income Statement In 9,550 Net sales Cost of goods sold 345 Earmings before Interest and taxes Interest pasid Taxable income Net income $ 990 2016 and 2017 Balance Sheets (5 in miltions) $ 230 245 Accounts payable $ 1420 1647 1020 1208 3,260 2,980 600850 Accounts rec. 910 Long-term debt 1680 1510 Common stock $2,920 $ 2765 Retained eamings 3,.3803.920 s 6300 Total assets 6685 Total lab. & equity 6,300 $ 6,685 Windswept, Inc..has 500 million shares of stock outstanding. Its price-earnings ratio for 2017 is 16. What is the market price per share of stock? $1920 O $3168 O $4816 $1980 4 8 2 6 9

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