Pharoah Corporation recently filed the following financial statements with the SEC. Pharoah Corporation Income Statement for the Fiscal Year Ended July 31, 2017 Net sales $61,518 Cost of products sold 43,757 Gross profit $17,761 Selling, general, and administrative expenses 7,840 Depreciation 890 Operating income (loss) $9,031 Interest expense 545 Earnings (loss) before income taxes $8,486 Income taxes 2,970 Net earnings (loss) $5,516 Pharoah Corporation Balance Sheet as of July 31, 2017 Assets Liabilities and Stockholders Equity Cash and marketable securities $6,565 Accounts payable $4,593 Accounts receivable 6,589 Accrued and other liabilities 4,077 Inventory 7,480 Taxes payable 3,471 Deferred income taxes 738 Debt due within one year 7,760 Prepaid expenses & other receivables 2,355 Total current liabilities $19,901 Total current assets $23,727 Property, plant, and equipment, at cost 52,472 Long-term debt 20,400 Less: Accumulated depreciation 18,645 Deferred income taxes 5,799 Net property, plant, and equipment $33,827 Other non-current liabilities 4,711 Net goodwill and other intangible assets 13,670 Total liabilities $50,811 Common stock 3,080 Retained earnings 17,333 Total stockholders equity 20,413 Total assets $71,224 Total liabilities and stockholders equity $71,224 What are the companys current ratio and quick ratio