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MC algo 3-10 Quick Ratic Use the following information to answer this question Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of

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MC algo 3-10 Quick Ratic 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 $ 9,670 7,860 475 $ 1,335 108 $1,227 429 $ 798 Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 2016 2017 $ 250 $ 280 Accounts payable Cash Accounts rec. Inventory Total Net fixed assets Total assets $ 1,450 $ 1,435 12 1,320 3,310 910 1,040 1,870 940 Long-term debt 1,725 Common stock 3,380 6 $3,160 $ 2,945 Retained earnings 3,450 4,030 $ 6,610 6,975 Total liab. & equity 6,60 6,975 What is the quick ratio for 2017? O 1.20 times O 186 times 85 times O 2.05 times 83 times

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