11 8 02:39:29 Use the following information to answer this question. Windswept, Inc. 2010 Income...
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11 8 02:39:29 Use the following information to answer this question. Windswept, Inc. 2010 Income Statement ($ in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable Income Less: Taxes Net income Windswept, Inc. 2009 and 2010 Balance Sheets in millions) 2009 2010 2009 2010 $170 $200 Accounts payable $1,130 $1,235 880 780 Long-term debt 1,040 1,240 1,630 5 Common stock $3,220 $3,070 $2,680 $2,585 Retained earnings 580 830 3,290 3,790 $5,970 $6,375 Total liab. & equity $ 5,970 $ 6,375 Cash Accounts rec. Inventory Total Net fixed assets Total assets $9,050 7,460 435 $1,155 92 $1,063 372 $691 What is the quick ratio for 2010? 
Use the following information to answer this question. What is the quick ratio for 2010
11 8 02:39:29 Use the following information to answer this question. Windswept, Inc. 2010 Income Statement ($ in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable Income Less: Taxes Net income Windswept, Inc. 2009 and 2010 Balance Sheets in millions) 2009 2010 2009 2010 $170 $200 Accounts payable $1,130 $1,235 880 780 Long-term debt 1,040 1,240 1,630 5 Common stock $3,220 $3,070 $2,680 $2,585 Retained earnings 580 830 3,290 3,790 $5,970 $6,375 Total liab. & equity $ 5,970 $ 6,375 Cash Accounts rec. Inventory Total Net fixed assets Total assets $9,050 7,460 435 $1,155 92 $1,063 372 $691 What is the quick ratio for 2010?
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