Business, 17.06.2021 16:40 kennyjortiz

Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 10,200 Cost of goods sold 7,750 Depreciation 400 Earnings before interest and taxes $ 2,050 Interest paid 92 Taxable income $ 1,958 Taxes 685 Net income $ 1,273 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash $ 240 $ 270 Accounts payable $ 1,630 $ 1,662 Accounts rec. 1,030 930 Long-term debt 1,030 1,313 Inventory 1,880 1,685 Common stock 3,280 2,990 Total $ 3,150 $ 2,885 Retained earnings 610 860 Net fixed assets 3,400 3,940 Total assets $ 6,550 $ 6,825 Total liab. & equity$ 6,550 $ 6,825 What is the equity multiplier for 2010?

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Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in m...

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