Help Save & Exit Use the following information to answer this question $8,750 7,300 windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income 305 $1,145 72 $1,073 322 $ 751 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 150 $ 165 Accounts payable 920 730 Long-term debt 1,520 1,530 Common stock $2,590 $2,425 Retained earnings 3,220 3,680 $5,810 $6,105 Total liab. & equity 2016 $1,190 950 3,210 460 2017 $1,367 1,128 2,900 710 $5,810 $6,105 Windswept, Inc., has 300 million shares of stock outstanding. Its price-earnings ratio for 2017 is 16. What is the market price per share of stock? Multiple Choice O $25.03 O $61.07 O $24.53 c .pdt insurance 1.ay