Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes $8,700 7,250 350 $1,100 83 $1,017 356 $ 661 Net income Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 140 $ 120 Accounts payable 800 720 Long-term debt 1,510 1,535 Common stock $2,450 $2,375 Retained earnings 3,200 3,640 $5,650 $6,015 Total liab. & equity 2016 2017 $1,070 $1,212 980 1,213 3,150 2,890 450 700 $5,650 $6,015 What is the equity multiplier for 2017? Multiple Choice 1.68 times 2.42 times O O (0) 3.01 times 2.08 times 1.26 times