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Use the following Information to answer this question Windswept, Inc. 2017 Income Statement ($ in millions Net sales $9, 390 Cost of goods sold 7,

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Use the following Information to answer this question Windswept, Inc. 2017 Income Statement ($ in millions Net sales $9, 390 Cost of goods sold 7, 660 Depreciation 455 Earnings before interest and taxes $1,275 Interest paid 100 Taxable income $1,175 Taxes 411 Net income $ 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 1,200 3,300 3, 190 620 870 Total assets $6,290 $6,675 What is the quick ratio for 2017

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