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Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before
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 Net income $9,670 7,860 475 $1,335 108 $1,227 429 $ 798 Cash Accounts rec. Inventory Total Net fixed assets Total assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in millions) 2016 2017 $ 250 $ 280 Accounts payable 1,040 940 Long-term debt 1,870 1,725 Common stock $3,160 $2,945 Retained earnings 3,450 4,030 $6,610 $6,975 Total liab. & equity 2016 2017 $1,450 $1,435 1,120 1,320 3,380 3,310 660910 ity $6,610 $6,975 What is the quick ratio for 2017
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