Business, 06.10.2019 04:00 DragonWarrior203
Windswept, inc. 2010 income statement ($ in millions) net sales $ 8,700 less: cost of goods sold 7,340 less: depreciation 405 earnings before interest and taxes $ 955 less: interest paid 82 taxable income $ 873 less: taxes 306 net income $ 567 windswept, inc. 2009 and 2010 balance sheets ($ in millions) 2009 2010 2009 2010 cash $ 150 $ 185 accounts payable $ 1,180 $ 1,260 accounts rec. 920 730 long-term debt 1,000 1,265 inventory 1,520 1,550 common stock $ 3,210 $ 2,900 total $ 2,590 $ 2,465 retained earnings 460 710 net fixed assets 3,260 3,670 total assets $ 5,850 $ 6,135 total liab. & equity $ 5,850 $ 6,135 what is the return on equity for 2010?
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Windswept, inc. 2010 income statement ($ in millions) net sales $ 8,700 less: cost of goods sold 7,...
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