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Problem 3 - 1 Calculating Liquidity Ratios [ LO 2 ] SDJ , Incorporated, has net working capital of $ 2 , 8 1 0

Problem 3-1 Calculating Liquidity Ratios [LO2]
SDJ, Incorporated, has net working capital of $2,810, current liabilities of $4,000, and inventory of $3,520.
a. What is the current ratio?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
b. What is the quick ratio?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g.,32.16.
\table[[a. Current ratio,,times],[b. Quick ratio,,times]]
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