Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $10,800 7,950 420 $ 2,430 100 $ 2,330 816 $ 1,514 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 280 $ 310 Accounts payable 1,110 1,010 Long-term debt 2,000 1,745 Common stock $3,390 $3,065 Retained earnings 3,480 4,060 $6,870 $7,125 Total liab. & equity 2016 $1,799 1,070 3,360 650 2017 $1,842 1,353 3,030 900 Cash Accounts rec. Inventory Total Net fixed assets Total assets $6,870 $7,125 What is the equity multiplier for 2017? Multiple Choice What is the equity multiplier for 2017? Multiple Choice C) 356 umes 1.81 times 275 times 134 pmes 235 umes