Byun Company , Inc. had on its balance sheet , Cash $ 65,000 , Accounts receivable $ 80,000 , Prepaid expenses $ 15,000 , Inventory $ 65,000 , Equipment of $ 10,000 and Marketable Securities of $ 18,000 . On the liability side , Byun had Long - term loans from Shareholders $ 40,000 , Accounts Payabie $ 60,000 , Accrued Expenses $ 8,000 , Notes payable due in 1 year or more $ 80,000 and current portion of notes payable of $ 18,000 . Calculate Byun's current and quick ratio from the information provided .