Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions)...
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Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income Cash Accounts receivable Inventory Total Net fixed assets Total assets Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) 2021 $ 210 970 1,640 $ 2,820 3,340 $ 6,160 $ 9,350 7,600 335 $ 1,415 84 $ 1,331 399 $ 932 2022 Accounts payable Long-term debt $ 225 870 1,590 $ 2,685 3,860 $ 6,545 Windswept, Incorporated, has 360 million shares of stock outstanding. Its price-earnings ratio for 2022 is 12. What is the market price per share of stock? Common stock Retained earnings 2021 $ 1,420 1,000 3,220 520 Total liabilities & equity 2022 $ 1,627 1,188 2,960 770 $ 6,160 $ 6,545 
a) 25.89 b) 17.33 c) 25.67 d) 31.07 e) 47.17 Use the following information to answer this
Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income Cash Accounts receivable Inventory Total Net fixed assets Total assets Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) 2021 $ 210 970 1,640 $ 2,820 3,340 $ 6,160 $ 9,350 7,600 335 $ 1,415 84 $ 1,331 399 $ 932 2022 Accounts payable Long-term debt $ 225 870 1,590 $ 2,685 3,860 $ 6,545 Windswept, Incorporated, has 360 million shares of stock outstanding. Its price-earnings ratio for 2022 is 12. What is the market price per share of stock? Common stock Retained earnings 2021 $ 1,420 1,000 3,220 520 Total liabilities & equity 2022 $ 1,627 1,188 2,960 770 $ 6,160 $ 6,545
a) 25.89
b) 17.33
c) 25.67
d) 31.07
e) 47.17
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