5. value: 10.00 points MC Qu. 3-A10 Use the following information to answer this... Use the following information to answer this question. Windswept, Inc. 2010 Income Statement ($ in millions) Net sales $ 9,320 Less: Cost of goods sold 7.610 Less: Depreciation 450 Earnings before interest and taxes $ 1,260 Less: Interest paid 98 Taxable income $ 1.1621 Less: Taxes 407 Net Income $ 755 Windswept, Inc. 2009 and 2010 Balance Sheets ($ in millions) 2009 2010 2009 2010 Cash $ 200 $ 230 Accounts payable $1,250 $ 1,310 Accounts rec 940 840 Long-term debt 1,070 1270 Inventory 1.720 1.650 Common stock $ 3.280 $ 3,160 Total $ 2.860 $2,720 Retained earnings 610 860 Net fixed assets 3,350 3.880 Total assets $ 6.210 $ 6,600 Total liab. & equity $ 6.210 $ 6,600 What is the quick ratio for 2010? 1.90 2.08 1.26 0.79 0.82 Type here to search o > E