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  3. 1.26 times .79 times 2.08 times .82 times ..

1.26 times .79 times 2.08 times .82 times ...

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Finance

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  • 1.26 times

  • .79 times

  • 2.08 times

  • .82 times

  • 1.90 times

Use the following information to answer this question: Windswept, Incorporated 2021 Income Statement ($ in millions) Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income Taxes $ 9,320 7,610 450 $ 1,260 98 $ 1,162 244 $ 918 Net income Cash Accounts received Inventory Total Net fixed assets Total assets 2020 $ 200 940 1,720 $ 2,860 3,350 $ 6,210 Windswept, Incorporated 2020 and 2021 Balance Sheets ($ in millions) 2021 $ 230 Accounts payable 840 Long-term debt 1,650 Common stock $ 2,720 Retained earnings 3,880 $ 6,600 Total liabilities & equity 2020 $ 1,250 1,070 3,280 610 2021 $ 1,310 1,270 3,160 860 $ 6,210 $ 6,600 What is the quick ratio for 2021? Multiple Choice

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