Greenfern Corporation recently filed the following financial statements with the SEC.
Greenfern Corporation
Income Statement for the Fiscal
Year Ended July 31, 2014
Net sales		$73,236
Cost of products sold		52,092
Gross profit		$21,144
Selling, general, and administrative expenses		9,333
Depreciation		1,060
Operating income (loss)		$10,751
Interest expense		649
Earnings (loss) before income taxes		$10,102
Income taxes		3,536
Net earnings (loss)		$6,566
Greenfern Corporation
Balance Sheet as of July 31, 2014
Assets				Liabilities and Stockholders' Equity
Cash and marketable securities	$9,118			Accounts payable	$6,379
Accounts receivable	7,844			Accrued and other liabilities	5,663
Inventory	8,900			Taxes payable	4,821
Deferred income taxes	878			Debt due within one year	10,778
Prepaid expenses & other receivables	2,803			Total current liabilities	$27,641
Total current assets	$29,543
Property, plant, and equipment	62,467			Long-term debt	24,280
Less: Accumulated depreciation	22,196			Deferred income taxes	6,903
Net property plant and equip.	$40,271			Other non-current liabilities	5,608
				Total liabilities	$64,432
Goodwill and other assets	16,270			Common stock	3,667
				Retained earnings	17,985
				Total stockholders' equity (deficit)	$21,652
Total assets	$86,084			Total liabilities and stockholders' equity	$86,084
Refer to the above balance sheet and income statement for Greenfern Corporation for the fiscal year ended July 31, 2014. What are the company's current ratio and quick ratio? What do these ratios tell us about Greenfern?