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Lowel's quick ratio for 2009 is closest to: 0.67 0.89 1.15 1.35 begin{tabular}{lcclcc} Assets & 2009 & 2008 & Liabilities and Stockholders' Equity & 2009

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Lowel's quick ratio for 2009 is closest to:

0.67

0.89

1.15

1.35

\begin{tabular}{lcclcc} Assets & 2009 & 2008 & Liabilities and Stockholders' Equity & 2009 & 2008 \\ \hline Current Assets & & & Current Liabilities & & \\ \hline Cash & 70.3 & 58.5 & Accounts payable & 90.6 & 73.5 \\ \hline & 59.5 & 39.6 & Notes payable/ short-term debt & 19.5 & 9.6 \\ Accounts receivable & 45.9 & 42.9 & Current maturities of longterm debt & 39.9 & 36.9 \\ \hline & 9.0 & 3.0 & Other current liabilities & 6.0 & 12.0 \\ \hline Inventories & 184.7 & 144.0 & Total current liabilities & 156.0 & 132.0 \\ \hline Other current assets & & & & & \\ \hline Total current assets & \end{tabular} \begin{tabular}{lcclrr} \hline Long-Term Assets & \multicolumn{5}{c}{ Long-Term Liabilities } \\ \hline Land & 72.6 & 62.1 & Long-term debt & 249.3 & 168.9 \\ \hline Buildings & 109.5 & 91.5 & Capital lease obligations & & \\ \hline Equipment & 129.2 & 99.6 & Total Long-term Debt & 249.3 & 168.9 \\ \hline Less accumulated depreciation & (57.0) & (52.5) & Deferred taxes & 25.7 & 22.2 \\ \hline Net property, plant, and equipment & 254.3 & 200.7 & Other long-term liabilities & & \\ \hline Goodwill & 64.0 & & Total long-term liabilities & 275.0 & 191.1 \\ \hline Other long-term assets & 63.3 & 42.0 & Total liabilities & 431.0 & 323.1 \\ \hline Total long-term assets & 381.6 & 242.7 & Stockholders' Equity & 135.3 & 63.6 \\ \hline \end{tabular} \begin{tabular}{llllll} \hline & & Total liabilities and & & \\ Total Assets & 566.3 & 386.7 & Stockholders' Equity & 566.3 & 386.7 \end{tabular}

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