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Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 10,550 Cost of goods sold 7,550 Depreciation 455 Earnings before interest and taxes $

Windswept, Inc. 2017 Income Statement ($ in millions)
Net sales $ 10,550
Cost of goods sold 7,550
Depreciation 455
Earnings before interest and taxes $ 2,545
Interest paid 94
Taxable income $ 2,451
Taxes 858
Net income $ 1,593

Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions)
2016 2017 2016 2017
Cash $ 180 $ 210 Accounts payable $ 1,360 $ 1,385
Accounts rec. 950 850 Long-term debt 1,030 1,310
Inventory 1,690 1,615 Common stock 3,200 2,960
Total $ 2,820 $ 2,675 Retained earnings 600 850
Net fixed assets 3,370 3,830
Total assets $ 6,190 $ 6,505 Total liab. & equity $ 6,190 $ 6,505

What is the fixed asset turnover for 2017?

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