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Please use the excel and shows the Formula for the following question. A company's balance sheet contains the following accounts: Cash $3,200 Accounts Receivable 13,800

Please use the excel and shows the Formula for the following question.

A company's balance sheet contains the following accounts:
	Cash		$3,200
	Accounts Receivable		13,800
	Inventory		5,000
	Fixed Assets, net		20,000
	Accounts Payable		7,200
	Line of Credit		11,000
The company has no other assets or liabilities. What is the company's current quick ratio? What is the company's book value of equity?

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