8-1 Liquidity Ratios Ace Industries has current assets equal to $3 million. The company's current ratio is 1.5, and its quick ratio is 1.0. What is the firm's level of current liabilities? What is the firm's level of inventories? 5. Shannon Industries is considering a project which requires $125,000,000 of initial cash outlay and generates cash inflows of $18,000,000 per year for the next 15 years. The 11.64% IRR of the project seems to be quite attractive given the company's 8.83% cost of capital. However, the CFO also wants to know the discounted- payback period of the project. As a recently hired assistant to the company's CFO, compute the discounted payback period for the project