Problem 14.5A (Static) Balance Sheet Measures of Liquidity and Credit Risk (LO14-3, LO14-4, LO14-7) A recent balance sheet of Sweet Tooth, Inc., included the following items, among others. (Dollar amounts are stated in thousands.) Cash $ 50,230 Marketable securities (short-term) 55,926 Accounts receivable 23,553 Inventories 32,210 Prepaid expenses 5,736 Retained earnings 121,477 Notes payable to banks (due within one year) 20,000 Accounts payable 5,912 Dividends payable 1,560 Accrued liabilities (short-term) 21,532 Income taxes payable 6,438 The company also reported total assets of $353,816 thousand, total liabilities of $81,630 thousand, and a return on total assets of 18.1 percent. Required: a. Compute Sweet Tooths (1) quick assets, (2) current assets, and (3) current liabilities. b. Compute Sweet Tooths (1) quick ratio, (2) current ratio, (3) working capital, and (4) debt ratio. (Round ratios to 1 decimal place.)