Business, 20.09.2019 19:00 xcapo1x

Use the following information to answer this question. windswept, inc. 2017 income statement ($ in millions) net sales $ 9,950 cost of goods sold 7,900 depreciation 365 earnings before interest and taxes $ 1,685 interest paid 98 taxable income $ 1,587 taxes 476 net income $ 1,111 windswept, inc. 2016 and 2017 balance sheets ($ in millions) 2016 2017 2016 2017 cash $ 270 $ 290 accounts payable $ 1,540 $ 1,812 accounts rec. 1,090 990 long-term debt 1,060 1,248 inventory 1,760 1,650 common stock 3,340 3,020 total $ 3,120 $ 2,930 retained earnings 640 890 net fixed assets 3,460 4,040 total assets $ 6,580 $ 6,970 total liab. & equity $ 6,580 $ 6,970 windswept, inc., has 540 million shares of stock outstanding. its price–earnings ratio for 2017 is 15. what is the market price per share of stock?

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Use the following information to answer this question. windswept, inc. 2017 income statement ($ in m...

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