Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $9,900 Cost of goods sold 7,650 Depreciation 390 Earnings before interest and taxes $1,860 Interest paid 88 Taxable income $1,772 Taxes 620 Net income $1,152 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 Cash $220 $250 Accounts payable $1,540 $1,632 Accounts rec. 990 890 Long-term debt 1,010 1,293 Inventory 1,750 1,655 Common stock 3,240 2,970 Total $2,960 $2,795 Retained earnings 530 780 Net fixed assets 3,360 3,880 Total assets $6,320 $6,675 Required:What is the equity multiplier for 2017?

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

Now ray has had the tires for two months and he notices that the tread has started to pull away from the tire. he has already contacted the place who sold the tires and calmly and accurately explained the problem. they didn’t him because they no longer carry that tire. so he talked with the manager and he still did not get the tire replaced. his consumer rights are being violated. pretend you are ray and write a letter to the company’s headquarters. here are some points to keep in mind when writing the letter: include your name, address, and account number, if appropriate. describe your purchase (name of product, serial numbers, date and location of purchase). state the problem and give the history of how you tried to resolve the problem. ask for a specific action. include how you can be reached.

On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e.g. $2.55.) diluted earnings per share