4. Describe the difference between a current ratio and a quick ratio. (4 points) 5. Briefly describe how a creditor (lender) would view a high Debt-to equity ratio. (4 points) 6. SONMChile has the following financials: (4 points total, 2 points each) Current Assets: $17,000 Net Sales: $52,000 Net Income: $32,500 Current labilities: $11,750 Owner's Equity: $250,000 Calculate the ROE