How do I calculate the quick ratio for 2020 and 2019?

Calculate the quick ratio for Los Altos, Inc., for both years, using the financial statements displayed below. Round to nearest hundredth.

	2020	2019
Quick Ratio

Did the companys ability to pay its current liabilities improve over the two years? Yes/No

Los Altos, Inc.
Income Statement
For Years Ended December 31, 2020 and 2019
(in millions)	2020	2019
Net sales	$29,000	$27,550
Cost of goods sold	14,025	13,260
Gross profit	14,975	14,290
Selling and administrative expenses	7,140	6,885
Income from operations	7,835	7,405
Interest expense	765	638
Income before income taxes	7,070	6,767
Income tax expense	1,071	1,020
Net income	$5,999	$5,747

Los Altos, Inc.
Balance Sheet
December 31, 2020 and 2019
(in millions)	2020	2019
Assets
Current assets
Cash and cash equivalents	$510	$1,020
Accounts receivable	2,295	2,040
Inventory	1,275	1,658
Other current assets	1,020	638
Total current assets	5,100	5,356
Property, plant, & equipment (net)	6,630	6,375
Other assets	14,535	15,045
Total assets	$26,265	$26,776
Liabilities and Stockholders' Equity
Current liabilities	$9,300	$8,990
Long-term liabilities	15,500	16,740
Total liabilities	24,800	25,730
Stockholders' equity - common	1,465	1,046
Total Liabilities and Stockholders' Equity	$26,265	$26,776