please help me8

8. The Quick Ratio (Acid Test) of a business is 1.20:1 and the current Liabilities are $100,000. Recalculate the Quick ratio after each of the following transactions. (Do not carry forward the answers. You should recalculate the QR based on the original given numbers for each of the following three transactions) 1. Business buys $3,000 inventory in cash: Quick Ratio = 2. Business buys $3,000 supplies on account: Quick Ratio = 3. Business buys $10,000 furniture on account: Quick Ratio