NEED ASAP PLZ

8. Uptown Men's Wear has accounts payable of $2,214, inventory of $7,950, cash of $1,263, fixed assets of $8,400, accounts receivable of $3,907, and long-term debt of $4,200. a. What is the value of the current ratio? (6 points) b. Interpret your result from part a). (6 points) 9. You are a financial analyst and this week you look at the finances of Paper Ltd. After some time looking at the balance sheet and the income statement you see that the company has a market-to-book ratio of 1.3. a. What does this number mean for the company? (5 points) b. Will you prefer to have a higher or a lower ratio? Why? (5 points)