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Use the following information to answer this question. (in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable

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Use the following information to answer this question. (in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income $9,390 7,660 455 $1,275 100 $1,175 411 $ 764 Cash Accounts rec. Inventory Total Net fixed assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 210 $ 240 Accounts payable 960 860 Long-term debt 1,750 1,665 Common stock $2,920 $2,765 Retained earnings 3,370 3,910 $6,290 $6,675 Total liab. & equity 2016 2017 $1,290 $1,335 1,080 1,280 3,300 3,190 620 870 Total assets $6,290 $6,675 Help What is the quick ratio for 2017? Multiple Choice 207 times 1.25 times 189 times .82 times 80 times

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