Dena Corporation has current assets equal to $16,000. Out of $16,000 in current assets, it has cash equal to $5,000, accounts receivables equal to $5,000, and inventory equal to $6,000. Current liabilities equal $8,000. Compute the current ratio and quick ratio for Sabrina Corporation.

Group of answer choices

Current Ratio = 1.25 and Quick Ratio = 2.0

Current Ratio = 2.0 and Quick Ratio = 1.25

Current Ratio = 2.0 and Quick Ratio = 2.5

Current Ratio = 2.5 and Quick Ratio = 1.25