Question: Help Help Use the following information to answer this question: Windswept. Incorporated 2021 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation

Help Help Use the following information to answer this question: Windswept. Incorporated 2021 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $ 9,300 7.450 370 $ 1,480 91 $ 1,389 292 $ 1,097 Cash Accounts received Inventory Total Net fixed assets Total assets Windswept, Incorporated 2020 and 2021 Balance Sheets ($ in millions) 2020 2021 $ 180 $ 210 Accounts payable 880 780 Long-term debt 1,630 1,595 Common stock $ 2,690 $ 2,585 Retained earnings 3,280 3,760 $ 5,970 $ 6,345 Total liabilities & equity 2020 $ 1,230 1,020 3,230 490 2021 $ 1,422 1,253 2,930 740 $ 5,970 $ 6,345 What is the equity multiplier for 20212 Multiple Choice 3.17 times 1.28 times O 2.17 times O 1.73 times 2.53 times
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