Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $

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Use the following information to answer this question.
Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $
9,050 Cost of goods sold 7,450 Depreciation 320 Earnings before
interest and taxes $ 1,280 Interest paid 78 Taxable income $ 1,202
Taxes 361 Net income $ 841 Windswept, Inc. 2016 and 2017 Balance
Sheets ($ in millions) 2016 2017 2016 2017 Cash $ 180 $ 195
Accounts payable $ 1,280 $ 1,577 Accounts rec. 980 880 Long-term
debt 980 1,158 Inventory 1,580 1,560 Common stock 3,270 2,930 Total
$ 2,740 $ 2,635 Retained earnings 490 740 Net fixed assets 3,280
3,770 Total assets $ 6,020 $ 6,405 Total liab. & equity $ 6,020
$ 6,405 Windswept, Inc., has 330 million shares of stock
outstanding. Its price–earnings ratio for 2017 is 24. What is the
market price per share of stock?