Windswept, Incorporated

$2021$ and $2022$ Balance Sheets

$($in millions$)$

$2021202220212022$

Cash $ $300$ $ $330$ Accounts payable $ $1,650$ $ $1,560$

Accounts receivable $1,1401,040$ Long$-$term debt $1,1701,370$

Inventory $2,0201,800$ Common stock $3,4803,460$

Total $ $3,460$ $ $3,170$ Retained earnings $710960$

Net fixed assets $3,5504,180$

Total assets $ $7,010$ $ $7,350$ Total liabilities & equity $ $7,010$ $ $7,350$

What is the quick ratio for $2022?$

Multiple Choice

$1\mathrm{.}82$ times

$\mathrm{.}87$ times

$1\mathrm{.}15$ times

$2\mathrm{.}03$ times

$\mathrm{.}88$ times