Question: Soved MC algo 3 - 1 3 Equity Multuiplier Use the following information to answer this question. table [ [ Windswept , Incorporated 2

Soved
MC algo 3-13 Equity Multuiplier
Use the following information to answer this question.
\table[[Windswept, Incorporated 2022 Income Statement (in millions),],[Net sales,$ 9,600],[Cost of goods sold,$ 7,550],[Earnings before,380],[Interest paid,$ 1,670],[Taxable income,95],[Taxes,$ 1,575],[Net income,551],[Net income,$ 1,024]]
\table[[Cash,Windswept, Incorporated 2021 and 2222 Balance Sheets (in millions),2021,2022],[2021,2022,Accounts payable],[$230
850],[Accounts receivable,950,$ 1,410,$ 1,542],[Inventory,1,690,1,625,Long-term debt,1,040,1,273],[Total,$ 2,840,$ 2,705,\table[[Common stock],[Retained earnings]],3,200,2,950],[Net fixed assets,3,320,3,820,510,760],[Total assets,$ 6,160,6,525,Total liabilities Soved
MC algo 3-13 Equity Multuiplier
Use the following information to answer this question.
\table[[Windswept, Incorporated 2022 Income Statement (in millions),],[Net sales,$ 9,600],[Cost of goods sold,$ 7,550],[Earnings before,380],[Interest paid,$ 1,670],[Taxable income,95],[Taxes,$ 1,575],[Net income,551],[Net income,$ 1,024]]
\table[[Cash,Windswept, Incorporated 2021 and 2222 Balance Sheets (in millions),2021,2022],[2021,2022,Accounts payable],[$230
850],[Accounts receivable,950,$ 1,410,$ 1,542],[Inventory,1,690,1,625,Long-term debt,1,040,1,273],[Total,$ 2,840,$ 2,705,\table[[Common stock],[Retained earnings]],3,200,2,950],[Net fixed assets,3,320,3,820,510,760],[Total assets,$ 6,160,6,525,Total liabilities

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