what is the equity multiplier for 2005

The following balance sheet and income statement should be used for questions #11 through #15: Windswept, Inc. 2005 Income Statement (S in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less. Interest paid Taxable income Less: Taxes Net income $8,450 7,240 400 810 170 $ 740 259 $ 487 Windswept, Inc. 2004 and 2005 Balance Sheets (S in millions) Cash Accounts rec. Inventory Total Net fixed assets Total assets 2004 2005 Su 120 S 140 1930 780 1.480 1.520 $2.530 $2.440 3.50 3.600 S5,680 $6.040 Accounts payable Long-term debt Common stock Retained earnings 2004 2005 $1.110 SL.120 840 1.210 3,200 3.000 530 710 Total liabilities & equity $5,680 $6.040