firm has a return on equity of 25 percent. The total asset turnover is 2.4 and the profit nargin is 8 percent. The total equity is $4,100. What is the amount of the net income? Use the following information to answer this question. Windswept, Inc. 2010 Income Statement ($ in millions) Net sales $9,390 Less: Cost of goods sold 7,6601 Less: Depreciation 455 Earnings before interest and taxes $ 1,275 Less: Interest paid 100 Taxable income $ 1,175 Less: Taxes 411 Net income $ 764 Windswept, Inc. 2009 and 2010 Balance Sheets ($ in millions) 2009 2010 2009 2010 Cash $ 210 $ 240 Accounts payable $ 1,290 $1,335 Accounts rec. 9601 860 Long-term debt 1,080 1,280 Inventory 1,750 1,665 Common stock $ 3,300 $3,190 Total $ 2,920 $ 2,765 Retained earnings 620 8701 Net fixed assets 3,3701 3,910 Total assets $ 6,290 $ 6,675 Total liab. & equity $ 6,290 $ 6,675 What is the quick ratio for 2010