Sed Help Windswept, Inc. 2017 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes $9,880 8,010 490 $1,380 114 $1,266 443 $ 823 Net income Cash Accounts rec. Inventory Total Net fixed assets Windswept, Inc. 2016 and 2017 Balance Sheets ($ in milliona) 2016 2017 S 280 $ 310 Accounts payable 1,100 1,000 Long-term debt 1,960 1,770 Common stock $3,340 $3,080 Retained earnings 3,510 4, 120 $6,850 $7,200 Total liab. & equity 2016 2017 $1,570 $1,510 1, 150 1,350 $3,440 3,400 690 940 Total assets $6,850 $7,200 $6,850 $7,200 What is the quick ratio for 2017? Multiple Choice 85 times 2.04 times 117 times