Use the following information to answer this question: Winds…

Use the fоllоwing infоrmаtion to аnswer this question: Windswept, Incorporаted2024 Income Statement($ in millions)Net sales$ 10,150Cost of goods sold8,000Depreciation375Earnings before interest and taxes$ 1,775Interest paid102Taxable income$ 1,673Taxes351Net income$ 1,322 Windswept, Incorporated2023 and 2024 Balance Sheets($ in millions) 20232024 20232024Cash$ 290$ 310Accounts payable$ 1,600$ 1,892Accounts received1,1301,030Long-term debt1,0801,268Inventory1,8001,670Common stock3,3803,040Total$ 3,220$ 3,010Retained earnings660910Net fixed assets3,5004,100 Total assets$ 6,720$ 7,110Total liabilities & equity$ 6,720$ 7,110 Windswept, Incorporated, has 560 million shares of stock outstanding. Its price-earnings ratio for 2024 is 12. What is the market price per share of stock?