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Use the tollowing information to answer this question. Windswept, Inc. 2017 Income Statement $ In millions) Net sales Cost of goods sold Depreclation Earnings before
Use the tollowing information to answer this question. Windswept, Inc. 2017 Income Statement $ In millions) Net sales Cost of goods sold Depreclation Earnings before interest and taxes Interest paid Taxable Income Taxes Net income $ 8,650 7,260 415 $ 975 84 $ 891 312 $ 579 Windswept, Inc. 2016 and 2017 Balance Sheets $ In millions) 2017 2016 $130 $ 160 Accounts payable Cash Accounts rec. Inventory Total Net fixed assets Total assets 800 1,510 700 Long-term debt 1,545 Common stock $2,440 $ 2,405 Retained earnings 3,210 3,670 5,650 6,075 Total liab. &equity What is the quick ratio for 2017? O 1.36 times 2.12 times 76 times O 73 times O 1.98 times Use the tollowing information to answer this question. Windswept, Inc. 2017 Income Statement $ In millions) Net sales Cost of goods sold Depreclation Earnings before interest and taxes Interest paid Taxable Income Taxes Net income $ 8,650 7,260 415 $ 975 84 $ 891 312 $ 579 Windswept, Inc. 2016 and 2017 Balance Sheets $ In millions) 2017 2016 $130 $ 160 Accounts payable Cash Accounts rec. Inventory Total Net fixed assets Total assets 800 1,510 700 Long-term debt 1,545 Common stock $2,440 $ 2,405 Retained earnings 3,210 3,670 5,650 6,075 Total liab. &equity What is the quick ratio for 2017? O 1.36 times 2.12 times 76 times O 73 times O 1.98 times
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