Crane Appliances Corporation has reported its financial results for the year ended December 31, 2017. Crane Appliances Corporation Income Statement for the Fiscal Year Ended December 31, 2017 Net sales $5,452,012,000 Cost of goods sold 3,057,798,940 Gross profit $2,394,213,060 Selling, general, and administrative expenses 1,201,328,423 Depreciation 242,271,116 Operating income $950,613,521 Interest expense 29,704,500 EBT $920,909,021 Income taxes 246,404,521 Net earnings $674,504,500 Crane Appliances Corporation Balance Sheet as of December 31, 2017 Assets: Liabilities Equity: Cash and cash equivalents $613,650,000 Short-term borrowings $124,057,398 Accounts receivable 1,230,660,300 Trade accounts payable 523,663,488 Inventory 1,104,335,300 Other current liabilities 796,327,037 Other current assets 349,843,300 Total current assets $3,298,488,900 Total current liabilities $1,444,047,923 817,546,233 Long-term debt 1,047,203,673 Net fixed assets Goodwill 109,781,553 Common stock 366,515,514 Other assets 818,034,946 Retained earnings 2,186,084,522 Total assets $5,043,851,632 Total liabilities and equity $5,043,851,632 Using the information from the financial statements, complete a comprehensive ratio analysis for Crane Appliances Corporation. (a) Calculate these liquidity ratios: current and quick ratios. (Round answers to 2 decimal places, e.g. 12.25.) Liquidity Ratios Current Ratio times Quick Ratio times