Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions)
Net sales $ 10,100
Cost of goods sold 7,750
Depreciation 350
Earnings before interest and taxes $ 2,000
Interest paid 92
Taxable income $ 1,908
Taxes 572
Net income $ 1,336
Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions)
2016 2017 2016 2017
Cash $ 330 $ 345 Accounts payable $ 1,790 $ 1,635
Accounts rec. 1,030 930 Long-term debt 1,030 1,490
Inventory 1,800 1,730 Common stock 3,280 3,100
Total $ 3,160 $ 3,005 Retained earnings 610 860
Net fixed assets 3,550 4,080
Total assets $ 6,710 $ 7,085 Total liability & equity $6,790 $7,185
Windswept, Inc. has 570 million shares of stock outstanding. Its price-earnings ratio for 2010 is 15. What is the market price per share of stock?

1. gdp is calculated by summing consumption, investment, and exports of all final goods and services produced within the borders of a given country during a specific period the dollar value of all final goods and services produced within the borders of a given country during a specific period government expenditures within the borders of a given country during a specific period the quantity of all final goods and services produced within the borders of a given country during a specific period

P11.2a (lo 2, 4) fechter corporation had the following stockholders’ equity accounts on january 1, 2020: common stock ($5 par) $500,000, paid-in capital in excess of par—common stock $200,000, and retained earnings $100,000. in 2020, the company had the following treasury stock transactions. journalize and post treasury stock transactions, and prepare stockholders’ equity section. mar. 1 purchased 5,000 shares at $8 per share. june 1 sold 1,000 shares at $12 per share. sept. 1 sold 2,000 shares at $10 per share. dec. 1 sold 1,000 shares at $7 per share. fechter corporation uses the cost method of accounting for treasury stock. in 2020, the company reported net income of $30,000. instructions a. journalize the treasury stock transactions, and prepare the closing entry at december 31, 2020, for net income. b. open accounts for (1) paid-in capital from treasury stock, (2) treasury stock, and (3) retained earnings. (post to t-accounts.) c. prepare the stockholders’ equity section for fechter corporation at december 31, 2020.

Consider an economy where government expenditures are 10 and total tax revenues are 10. the supply of labor is fixed at 125 and the supply of capital is fixed at 8. the economy is described by the following equations. y k to the power of 1 divided by 3 end exponent l to the power of 2 divided by 3 end exponent c 2.5 + 0.75 ( y - t ) i 10 - 0.5 r the level of private savings is