Question: Use the following information to answer this question: Windswept, Incorporated 2 0 2 1 Income Statement ( $ in millions ) Net sales Cost of

Use the following information to answer this question:
Windswept, Incorporated
2021 Income Statement
( $ in millions)
Net sales
Cost of goods sold 10,700
8,050
Depreciation Earnings before ,380$2,270
interest and taxes
Interest paid
Taxable income 104$2,166
Taxes
Net income
455$1,711Windswept,Incorporated
2020 and 2021 Balance Sheets
($ in millions)
Cash
Accounts received
Inventory
Total
Net fixed assets
Total assets
\table[[1,150,1,050],[1,920,1,790],[$3,460,$
 Use the following information to answer this question: Windswept, Incorporated 2021

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