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Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 8,700 Cost of goods sold 7,300 Depreciation 345 Earnings before interest and taxes $

Windswept, Inc. 2017 Income Statement ($ in millions)
Net sales $ 8,700
Cost of goods sold 7,300
Depreciation 345
Earnings before interest and taxes $ 1,055
Interest paid 87
Taxable income $ 968
Taxes 339
Net income $ 629

Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions)
2016 2017 2016 2017
Cash $ 140 $ 170 Accounts payable $ 1,180 $ 1,267
Accounts rec. 920 730 Long-term debt 1,020 1,253
Inventory 1,520 1,560 Common stock 3,210 2,900
Total $ 2,580 $ 2,460 Retained earnings 460 710
Net fixed assets 3,290 3,670
Total assets $ 5,870 $ 6,130 Total liab. & equity $ 5,870 $ 6,130

What is the cash coverage ratio for 2017?

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