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* * * * * 1 . Financial Ratios: Calculate the quick ratio for a company with current assets of $ 3 0 0 ,

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1.Financial Ratios:
Calculate the quick ratio for a company with current assets of $300,000, inventory of $100,000, and current liabilities of $150,000.
2.Income Statement Analysis:
If a company's total revenue is $800,000, cost of goods sold is $300,000, operating expenses are $200,000, interest expense is $20,000, and taxes are $50,000, what is the net income?
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