Calculate the current ratio and the acid$-$test ratio. Is the company healthy based on the guidelines given in the text?

$(6$ pts$)$

Current assets: $$417,000$

Current liabilities: $$187,000$

Liquid Assets $$249,000$

Compute the Current Ratio? Is it healthy? Why or why not?

Compute the Acid$-$test $($also known as Quick$)$ Ratio? Is it healthy? Why or why not?