1st table and 2nd table

Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $8,750 7,310 420 $1,020 $ 607 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 140 $ 170 Accounts payable 820 720 Long-term debt 1,540 1,560 Common stock $2,500 $2,450 Retained earnings Cash Accounts rec. Inventory Total 2016 2017 $1,010 $1,160 1,019 1,210 3,160 2,980 550 800 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 149 $ 170 Accounts payable 820 720 Long-term debt 1,540 | 1,560 Common stock $2,500 $2,450 Retained earnings 3,230 3,700 $5,730 $6,150 Total liab. & equity 2016 $1,010 1,10 3,160 550 2017 $1,160 1,210 2,989 800 $5,739 $6,150 What is the quick ratio for 2017? Multiple Choice 1.97 times