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Business, 20.09.2020 09:01 negativechill

Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 9,800 Cost of goods sold 7,600 Depreciation 335 Earnings before interest and taxes $ 1,865 Interest paid 99 Taxable income $ 1,766 Taxes 530 Net income $ 1,236 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash $ 300 $ 315 Accounts payable $ 1,760 $ 1,575 Accounts rec. 970 870 Long-term debt 1,000 1,460 Inventory 1,740 1,700 Common stock 3,220 3,070 Total $ 3,010 $ 2,885 Retained earnings 520 770 Net fixed assets 3,490 3,990 Total assets $ 6,500 $ 6,875 Total liab. & equity $ 6,500 $ 6,875 What were the total dividends paid for 2017? Multiple Choice $921 million $986 million $455 million $645 million $250 million

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Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 9,800 Cost of goods sold 7,600 Dep...
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