Cash$$129,062$Accounts receivable$137,300$Short$-$term investments$21,968$Inventory$389,932$Prepaid insurance$43,936$Accounts payable$84,000$Wages payable$37,000$Income tax payable$41,000$Sales tax payable$16,000$Short$-$term notes payable$85,000$Bank loan payable$58,000$Sales revenue$837,530$im examination Chapters $1$ to $7($this assignment counts tQuestion $9$ of $11$The following amounts were reported in a company's most recent year$-$end financial statements:Additional information:The bank loan payable is repayable in annual principal payments of $$11,600.$Calculate the current ratie. $($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$Current ratioe Textbook and MediaCalculate the quick ratio. $($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$Quick ratioCalculate the accounts receivable turnover ratio $($just use the current year's Accounts Receivable balance$).($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$Accounts receivable turnover ratiotimese Textbook and Media