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Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions) Net sales Cost of goods sold Depreciation Earnings before interest

Use the following information to answer this question. Windswept, Incorporated 2022 Income Statement (in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes Net income Cash Accounts receivable Inventory Total Net fixed assets Total assets What is the quick ratio for 2022? 2021 $ 200 940 1,720 $ 2,860 3,350 $ 6,210 $ 9,320 7,610 450 $ 1,260 98 2022 $ 230 840 1,650 $ 2,720 3,880 $ 6,600 $ 1,162 407 $ 755 Windswept, Incorporated 2021 and 2022 Balance Sheets (in millions) Accounts payable Long-term debt Common stock Retained earnings Total liabilities & equity 2021 $ 1,250 1,070 3,280 610 $ 6,210 2022 $ 1,310 1,270 3,160 860 $ 6,600 1
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