JRL's financial statements, contains the following information:

Cash $400,000

Marketable securities $115,000

Accounts receivable $800,000

Inventory $950,000

Accounts payable $575,000

Accrued expenses, $180,000

Long-term debit $900,000

Cost of good sold $1 million

Assume the accounts payable balance is all trade payables an opening and closing balances are the same. Round your answer to two decimal places.

what is its current ratio?

what is it's quick ratio?

What is its cash ratio?

What is the trade payable turnover ratio?

Discuss JRL's liquidity using these ratios.

JRL's current ratio depends on how liquid JRL's ______ are. If the ______ is slow moving, then the quick ratio maybe better indicator of liquidity. If accounts receivable may be difficult to collect, the _______ is the best indicator of liquidity.