Please ans this in 10 minutes

You notice that a Blue-Chip Company whose Financial statements you are analyzing has a Current Ratio of 0.7 and Quick Ratio of 0.2 a) What is considered an ideal Current and Quick Ratio of a Corporate and WHY? (2.5 Marks) b) What is your interpretation of the Current Ratio & Quick Ratio of this Company ? (3 Marks) c) Explain what steps it must be adopting to be a financially sound company despite such a Current & Quick Ratio. (4.5 Marks)