Check My Work (10 remaining) B eBook The Jamesway Printing Corporation has current assets of $3.0 million of this total, $1.2 million Is Inventory, $0.6 million is cash, $1.0 million is accounts receivable, and the balance is marketable securities. Jamesway has $1.5 million in current liabilities. Round your answers to two decimal places. a. What are the current and the quick ratios for Jamesway? Current ratio: Quick ratio: be if Jamesway takes $0.3 million in cash and pays off $0.3 million of current liabilities, what happens to its current and quick ratios? What happens to its real liquidity New current ratio: New quick ratio: If Jamesway sells $0.5 million of its accounts recevable to a bank and uses the proceeds to pay off short-term debt obligations What happens to its current and quick ratios? New current ratio: X New quick ratio: d. If Jamesway sells $1.2 million in new stock and places the proceeds in marketable securities, what happens to its current and quick ratios New current ratio: New quick ratio: X X X X X