Use the following information to answer this question.

Windswept, Inc.

$2017$ Income Statement

$($$ in millions$)$

Net sales $ $8,950$

Cost of goods sold $7,410$

Depreciation $430$

Earnings before interest and taxes $ $1,110$

Interest paid $90$

Taxable income $ $1,020$

Taxes $357$

Net income $ $663$

Windswept, Inc.

$2016$ and $2017$ Balance Sheets

$($$ in millions$)$

$2016201720162017$

Cash $ $160$ $ $190$ Accounts payable $ $1,090$ $ $1,210$

Accounts rec. $860760$ Long$-$term debt $1,0301,230$

Inventory $1,6001,590$ Common stock $3,2003,040$

Total $ $2,620$ $ $2,540$ Retained earnings $570820$

Net fixed assets $3,2703,760$

Total assets $ $5,890$ $ $6,300$ Total liab. & equity $ $5,890$ $ $6,300$

What is the quick ratio for $2017?$

Multiple Choice

$2\mathrm{.}10$ times

$\mathrm{.}79$ times

$\mathrm{.}76$ times

$1\mathrm{.}31$ times

$1\mathrm{.}94$ times