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Raptors Inc, had the following balance sheet in 2020. Assets ($ mill) Year 2020 Liabilites & Equity ($ mill) Year 2020 Cash & Cash Equivalents

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Raptors Inc, had the following balance sheet in 2020. Assets ($ mill) Year 2020 Liabilites & Equity ($ mill) Year 2020 Cash & Cash Equivalents 13 Accounts Payable 20 Account Receivables 22 Notes payable Inventories 46 Current Liabilities 20 Current Assets 81 Long-term Debt 63 PPE 157 Total Liabilities 83 Total Assets 238 Retained Earnings 15 Common Stock 140 Total Stockholders Equity 155 Total Liab. + Equity 238 Approximately, what was Raptors' quick ratio in 2020? 1.75 04.05 O 3.40 2.30

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