Question 12 (1 point) 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 $ 8,950 7,410 430 $ 1,110 90 $ 1.020 357 $ 663 Net income 2016 2017 $ 1090 5 1210 1030 1230 3,200 3040 570 120 Windsweptine 2016 and 2017 Balance Sheets 15 in millions) 2016 2017 $ 160 5 150 Accounts payable 860 760 Long-term dobit 1600 1.500 Common stock 52620 $ 2540 Retained earnings 3.270 3.760 $5.90 $ 6.300 Total lib. & equity Cash Accounts rec Inventory Total Net fixed assets Total assets 5.5890 6300 What is the quick ratio for 2017? What is the quick ratio for 2017? 0.79 times 01.31 times 1.94 times .76 times 2.10 times