9. The 2019 and 2020 partial balance sheets for Fox Industries are shown below:

	2019	2020
Current Assets
Cash and cash equivalents	$ 16,000	$ 14,000
Accounts Receivable, net	20,000	24,000
Inventory	25,000	23,000
Marketable equity securities	5,000	5,000
Total Current Assets	66,000	66,000
Plant & Equipment, net	60,000	40,000
Total Assets	126,000	106,000
Current Liabilities	20,000	30,000
Noncurrent Liabilities	60,000	40,000
Total Liabilities	80,000	70,000
Total Stockholders' Equity	46,000	36,000
Total liabilities and Stockholders' Equity	$126,000	$106,000

The 2020 quick ratio is:

Group of answer choices

2.20

1.51

2.03

1.27