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Given the following Financial Statement information of Andante Co., what are the current ratio and cash ratio of the company? Cash and equivalents 20 Receivables

Given the following Financial Statement information of Andante Co., what are the current ratio and cash ratio of the company?

Cash and equivalents 20
Receivables 25
Inventory 30
Fixed assets 500
Total current liabilities 60
Total short and long-term debt 360
Total revenue (sales) 980

Group of answer choices

1.25 and 0.69

1.15 and 0.69

1.15 and 0.33

1.25 and 0.33

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