3. The following information should be used for problems Windswept, Inc. 2021 Income Statement (Sin millions) 400 Net sales 58,450 Less: Cost of goods sold 7.240 Lexs: Depreciation Eamings before interest and taxes 810 Less: Interest paid 70 Taxable income S 740 Less: Taxes 259 Net income s 481 Windswept, Inc. 2020and 2021 Balance Sheets (Sin millions) 2020 2021 Cash 120 $ 140 Accounts payable Accounts rec. 930 780 Long-term debt Inventory 1480 1.520 Common stock Total $2,530 $2,440 Retained earnings Net fixed assets 3.150 3.600 2020 S1,110 840 3,200 2021 $1,120 1.210 3,000 710 530 Total assets $5,680 $6,040 Total liabilities & equity $5,680 56,040 (1)Current ratio- (2)Quick ratio? (3)Cash rato? (4)Equity multiplier? (5)Inventory turnover? (6) Receivables tumover? (7)Days' sales in inventory? (8)Days' sales in receivables? 19 Return on assets? (10)Retum on equity=? 3. The following information should be used for problems Windswept, Inc. 2021 Income Statement (Sin millions) 400 Net sales 58,450 Less: Cost of goods sold 7.240 Lexs: Depreciation Eamings before interest and taxes 810 Less: Interest paid 70 Taxable income S 740 Less: Taxes 259 Net income s 481 Windswept, Inc. 2020and 2021 Balance Sheets (Sin millions) 2020 2021 Cash 120 $ 140 Accounts payable Accounts rec. 930 780 Long-term debt Inventory 1480 1.520 Common stock Total $2,530 $2,440 Retained earnings Net fixed assets 3.150 3.600 2020 S1,110 840 3,200 2021 $1,120 1.210 3,000 710 530 Total assets $5,680 $6,040 Total liabilities & equity $5,680 56,040 (1)Current ratio- (2)Quick ratio? (3)Cash rato? (4)Equity multiplier? (5)Inventory turnover? (6) Receivables tumover? (7)Days' sales in inventory? (8)Days' sales in receivables? 19 Return on assets? (10)Retum on equity=