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: 1.51 2.03 2.20 1.27