Question 19 (1 point) Using the following information determine the company's Current and Quick ratio. At December 31st, a company's records show the following information: Cash Accounts Receivable Inventory Prepaid Insurance Long-term Assets Accounts Payable Notes Payable due in 10 months Wages Payable Long-term Liabilities Stockholders' (Owner's) Equity $ 10,000 30,000 80,000 6.000 200,000 30,000 25,000 5,000 70,000 196,000 None of the responses are correct Current Ratio .85: Quick Ratio 0.55 NNNN MM MM VRAR Wages Payable Long-term Liabilities Stockholders' (Owner's) Equity 5,000 70,000 196,000 None of the responses are correct Current Ratio .85; Quick Ratio 0.55 dhe Current Ratio .65; Quick Ratio 0.20 Current Ratio 1.8; Quick Ratio 0.45 Current Ratio 2.1; Quick Ratio 0.77