Problem $3-1$ Liquidity Ratios $($LG$3-1)$

You are evaluating the balance sheet for SophieLex's Corporation. From the balance sheet you find the following balances: cash and marketable securities $=$$$340,000$; accounts receivable $=$$$1,300,000$; inventory $=$$$2,200,000$; accrued wages and taxes $=$$$550,000$; accounts payable $=$$$850,000$; and notes payable $=$$$700,000.$

Calculate SophieLex's current ratio, quick ratio, and cash ratio.

Note: Round your answers to $2$ decimal places.

$\backslash$table$[[$Current ratio,,times$],[$Quick ratio,,times$],[$Cash ratio,,times$]]$