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Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes

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Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes $9,000 7,450 360 $1,190 93 $1,097 384 Net income $ 713 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 170 $ 200 Accounts payable 980 880 Long-term debt 1,580 1,605 Common stock $2,730 $2,685 Retained earnings 3,350 3,760 $6,080 $6,445 Total liab. & equity 2016 2017 $1,270 $1,492 1,050 1,283 3,270 2,930 490 740 $6,080 $6,445 What is the cash coverage ratio for 2017

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