3. From the following financials prepare the ratios listed below:

Balance Sheet as 31st December 2019
Current Assets		Current Liabilities
Cash	48,510	Accounts Payable	54,840
Accounts Receivables	30,470	Notes Payable	21,600
Inventory	54,310	Others	31,106
Total	133,290	Total	107,546
Fixed Assets		Long Term Debt	190,000
Plant & Equipment	731,468
		Owners Equity	80,000
		Retained Earnings	487,212
		Total	567,212
Total Assets	864,758	Total Liabilities + OE	864,758

Income Statement
Sales	733,992
Cost of Goods sold	506,244
Depreciation	64,440
EBIT	163,308
Interest Paid	28,600
Taxable Income	134,708
Taxes 35%	47,148
Net Income	87,560
Dividends	40,000
Addition to Retained Earnings	47,560

1. Quick ratio?

2. Inventory turnover ratio?

3. Return on Assets?