Flight Corp. has Cash of $10,000, A/R of $50,000, Inventory of $60,000, A/P of $40,000, Long-Term Debt of $500,000 and Net Fixed Assets $625,000. What is the current ratio? (If needed, answer with up to two decimal places, for example, X.XX.) 3 Question 12 3 pts Flight Corp. has Cash of $10,000, A/R of $50,000, Inventory of $60,000, A/P of $40,000, Long-Term Debt of $500,000 and Net Fixed Assets $625,000. What is the quick ratio? (If needed, answer with up to two decimal places, for example, X.XX.) 1.5