Question: Use the following information to answer this question. What is the return on equity for 2017? Windswept, Incorporated 2016 and 2017 Balance Sheets begin{tabular}{crlrr} &



Use the following information to answer this question. What is the return on equity for 2017? Windswept, Incorporated 2016 and 2017 Balance Sheets \begin{tabular}{crlrr} & (\$ in millions) & & & \\ 2016 & 2017 & & 2016 & 2017 \\ \cline { 1 - 2 } \$280 & $315 & Accounts payable & $1,610 & $1,805 \\ 1,110 & 1,010 & Long-term debt & 1,070 & 1,395 \\ 1,780 & 1,745 & Common stock & 3,360 & 3,030 \\ $3,170 & $3,070 & Retained earnings & 650 & 900 \\ 3,520 & 4,060 & & & \\ \hline$6,690 & $7,130 \end{tabular} What is the return on equity for 2017? Multiple Choice 40.20% 24.48% 31.75% 52.15% 30.11%
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