Calculate the quick ratio and the times interest earned ratio for the following company. (Round your answers to 2 decimal places.)

Gil's Fish and Tackle, Inc. Balance Sheet At December 31, 2014
Assets
Cash	$	24,700
Accounts Receivable (less allowance)		181,400
Inventories		121,300
Property, Plant and Equipment		192,800
Long-term Investments		120,000
Total Assets	$	640,200
Liabilities
Accounts Payable	$	53,700
Current Portion of Long-Term Debt		75,100
Long-Term Notes Payable		121,000
Total Liabilities		249,800
Stockholders' Equity
Contributed Capital		280,000
Retained Earnings		110,400
Total Equity		390,400
Total Liabilities and Equity	$	640,200

Gil's Fish and Tackle, Inc. Income Statement For the year ending December 31, 2014
Operating Revenue
Sales Revenue	$	3,035,000
Operating Revenue		3,035,000
Operating Expenses
Wages Expense		1,931,500
Operating and Admin. Expenses		313,700
Depreciation Expense		365,100
Operating Expenses		2,610,300
Operating Income		424,700
Other Expenses
Interest Expense		18,150
Income Before Income Tax Expense		406,550
Income Tax Expense		150,424
Net Income		256,126