A firm's long-term assets = $50,000, total assets = $290,000, inventory = $31,000 and current liabilities = $40,000. What are the firm's current ratio and quick ratio? (R decimal place.) Multiple Choice O Current ratio = 11.0, quick ratio = 10.2 Current ratio = 6.0; quick ratio = 5.2 Current ratio = 8.5, quick ratio = 7.7 Current ratio = 16.0; quick ratio = 15.2

A firmis long'term assets $50,000, total assets =$290,000, inventory =$31,000 and current liabisies =$40,000. What are the firm's current ratio and quick ratio? decimal place.) Multiple Choice Cumentiato =110, quk k rate =102 Cument rato =6.0, quick ratio \& 5 . Current rotio - Bs, quick ratio -77 Current rstio =76.0, quick rato +152