SI Calculate the quick ratio for Los Altos, Inc., for both years, using the financial statements displayed below. Round to nearest hundredth. Quick Ratio 2020 2019 Did the company's ability to pay its current liabilities improve over the two years? Los Altos, Inc. Income Statement For Years Ended December 31, 2020 and 2019 (in millions) Net income Net sales Cost of goods sold Gross profit Selling and administrative expenses Income from operations Interest expense Income before income taxes Income tax expense 2020 2019 $13,000 $12,350 6,600 6,240 6,400 6,110 3,360 3,240 3,040 2,870 360 300 2,680 2,570 504 480 $2.176 $2.090 cem ht In n Andrew Want t about Forma stu

Oid the company's ability to pay its current liabilities improve over the two years