Question 5 of 5 View Policies Current Attempt in Progress The following amounts were reported by Leau Ltd. in its most recent statement of financial position: $623,000 Cash 31,000 Accounts receivable $ 32,960 Accounts payable 412,000 Wages payable 782,800 Income tax payable 16,480 Unearned revenue 1,643,500 Bank loan payable (due in 5 years) Inventory 69,000 Prepaid insurance 101,000 105,000 Property, plant, and equipment (net) (a) Calculate the current ratio and quick ratio for Leau Ltd. (Round answers to 2 decimal places, e.g. 15.25.) Current ratio Quick ratio Save for at Attempts: 0 of 2 used Submit Answer (c) The parts of this question must be completed in order. This part will be available when you complete the part above