Windswept, Inc.

$2005$ Income Statement

$($ $ in millions$)$

Windswept, Inc.

$2004$ and $2005$ Balance Sheets

$($ $ in millions$)$

Cash

Accounts rec.

Inventory

Total

Net fixed assets

Total assets

Accounts payable

Long$-$term debt

Common stock

Retained earnings

Total liabilities & equity

Windswept, Inc. has $90$ million shares of stock outstanding. Their price$-$earnings ratio for

$2005$ is $12.$ What is the market price per share of stock?

$$59\mathrm{.}94$

$$62\mathrm{.}82$

$$64\mathrm{.}13$

$$65\mathrm{.}03$

What is the total debt to equity ratio for $2005?$

$38\mathrm{.}6$ percent

$40\mathrm{.}3$ percent

$62\mathrm{.}8$ percent

$77\mathrm{.}7$ percent

What amount should be included in the financing section of the $2005$ statement of cash

flows for dividends paid?

$$180$ million

$$301$ million

$$481$ million

$$530$ million

What is the amount of the net cash from investment activity for $2005?$

$$250$ million

$$450$ million

$$700$ million

$$850$ million