A recent balance sheet of Sweet Tooth, Inc., included the following items, among others. (Dollar amounts are stated in thousands.)

Cash$50,230Marketable securities (short-term)55,926Accounts receivable23,553Inventories32,210Prepaid expenses5,736Retained earnings121,477Notes payable to banks (due within one year)20,000Accounts payable5,912Dividends payable1,560Accrued liabilities (short-term)21,532Income taxes payable6,438

The company also reported total assets of $353,816 thousand, total liabilities of $81,630 thousand, and a return on total assets of 18.1 percent.

Required:

a.Compute Sweet Tooth's (1) quick assets, (2) current assets, and (3) current liabilities.

b.Compute Sweet Tooth's (1) quick ratio, (2) current ratio, (3) working capital, and (4) debt ratio.(Round ratios to 1 decimal place.)