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Solve ASAP pls Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold
Solve ASAP pls
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 $ 8,950 7,410 430 $ 1,110 90 $ 1,020 357 Net income $ 663 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 160 $ 190 Accounts payable 860 760 Long-term debt 1.600 1.590 Common stock $ 2,620 $ 2.540 Retained earnings 3.270 3.760 $ 5,890 $ 6.300 Total liab. & equity 2016 $ 1,090 1,030 3,200 570 2017 $ 1.210 1,230 3,040 820 $ 5,890 $ 6,300 What is the quick ratio for 2017? 1.94 times 2.10 times 1.31 times .79 times .76 timesStep by Step Solution
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