Use the following information to answer this question. Wind…
Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions) Net sales $ 8,700 Cost of goods sold 7,340 Depreciation 405 Earnings before interest and taxes $ 955 Interest paid 82 Taxable income $ 873 Taxes 306 Net income $ 567 Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) 2021 2022 2021 2022 Cash $ 150 $ 185 Accounts payable $ 1,180 $ 1,260 Accounts receivable 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 liabilities and equity $ 5,850 $ 6,135 What is the return on equity for 2022?