Intro Use the following information to answer the questions: Assets Cash Marketable securities Accounts receivable Inventory Current assets 11,000 2,000 6,000 31,000 50,000 34,000 80,000 114,000 164,000 Liabilities and Equity Accounts payable 17,000 Notes payable 6,000 Current liabilities 23,000 Long-term debt 95,000 Total liabilities 118,000 Paid-in capital 20,000 Retained earnings 26,000 Equity 46,000 Total liab. & equity 164,000 Machines Real estate Fixed assets Total assets Part 1 - Attempt 1/3 for 10 pts. What is the current ratio? 2+ decimals Submit 1 Attempt 1/3 for 10 pts. Part 2 What is the quick ratio (aka the acid test)? 2+ decimals Submit