Windswept, Inc. 2017 Income Statement ($ in millions)
Net sales	$	9000
Cost of goods sold		7350
Depreciation		360
Earnings before interest and taxes	$	1290
Interest paid		87
Taxable income	$	1203
Taxes		421
Net income	$	782

Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions)
		2016			2017				2016			2017
Cash	$	160		$	190		Accounts payable	$	1150		$	1332
Accounts rec.		840			740		Long-term debt		1000			1233
Inventory		1570			1565		Common stock		3190			2910
Total	$	2570		$	2495		Retained earnings		470			720
Net fixed assets		3240			3700
Total assets	$	5810		$	6195		Total liab. & equity	$	5810		$	6195

What is the equity multiplier for 2017?

A. 2.48 times

B. 1.27 times

C. 3.09 times

D. 2.13 times

E. 1.71 times