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Net sales Windswept, Incorporated 2021 Income Statement Cost of goods sold Depreciation ($ in millions) Earnings before interest and taxes Interest paid Taxable income
Net sales Windswept, Incorporated 2021 Income Statement Cost of goods sold Depreciation ($ in millions) Earnings before interest and taxes Interest paid Taxable income Taxes Net income $ 9,530 7,760 465 $ 1,305 104 $ 1,201 252 $ 949 Windswept, Incorporated 2020 and 2021 Balance Sheets ($ in millions) 2020 2021 Cash Accounts received $ 230 1,000 $ 260 Accounts payable 900 Long-term debt Inventory Total 1,810 $ 3,040 1,695 $ 2,855 Common stock 2020 $ 1,370 1,100 3,340 2021 $ 1,385 Retained earnings 1,300 640 3,250 890 Net fixed assets 3,410 3,970 Total assets $ 6,450 $ 6,825 Total liabilities & equity $ 6,450 $ 6,825 What is the quick ratio for 2021?
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