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The following balance sheet and income statement is for the 2 questions below the Financial Stmts: Windswept, Inc. 2019 & 2020 Balance Sheets ($ in

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The following balance sheet and income statement is for the 2 questions below the Financial Stmts: Windswept, Inc. 2019 & 2020 Balance Sheets ($ in millions) 2012 2020 2012 2020 Cash $120 $140 Accounts payable $1,110 $1,120 Accounts recelvable 930 780 Long-term debt 840 1,210 Inventory 1.480 1.520 Common stock 3,200 3.000 Total $2,530 $2,440 Retained earnings 530 710 Net fixed assets 3.150 3.600 Total assets $5.689 $6,040 Total llabuitios & equity $5.680 $6.040 Windswept, Inc. 2020 Income Statement (5 in millions) Net salos $8,450 Loss: Cost of goods sold 7,240 Less: Depreciation 400 Earnings before interest & taxes 810 Windswept, Inc. 2020 Income Statement (s in millions) Net sales $8,450 Less: Cost of goods sold 7,240 Less: Depreciation _400 Earnings before interest & taxes 810 Interest 70 Taxable income $740 Less Taxes _252 Net income $481 -->What is the quick ratio for 2020? -->What is the return on equity for 2020

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