Question 10 Roxy Radio Corp has total current liabilities of $22,000 and an inventory of $7,000 and current assets of $26,400. If its current ratio is 1.2, then what is Radio's quick ratio? A. 1.2 B. 2.0 C. 2.5 D. 2.9 Question 7 The company that you work for had credit sales of $3,500,000 last year and on average had $33,000 in its accounts receivable during the year. What is its average collection period? A. 3.44 days B. 3 days C. 3.55 days D. 3.66 days