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A firm's long-term assets $50,000, total assets $170,000, inventory = $34,000 and current liabilities = $30,000. What are the firm's current ratio and quick

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A firm's long-term assets $50,000, total assets $170,000, inventory = $34,000 and current liabilities = $30,000. What are the firm's current ratio and quick ratio? (Round your answer to 1 decimal place.) a. Current ratio = 6.5; quick ratio = 5.4 b. Current ratio = 4.0; quick ratio = 2.9 c. Current ratio = 14.0; quick ratio = 12.9 d. Current ratio=9.0; quick ratio = 7.9

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