Ratios 2020 Financial Statement Data: Accounts Payable Accounts Receivable. Buildings Cash, Current Portion of Long-term Note Payable. Long-term Notes Payable. Prepaid Rent. Unearned Service Fees Wages Payable.. 10,000 15,000 42,000 4,000 -7,000 20,000 2,500 1,000 3,000 Using the above financial information, calculate the current ratio and quick ratio for 2020. Round your answers to the nearest tenth (one decimal place). Once you have calculated both ratios, enter them into the table and then perform an analysis on your findings to determine it the business did favourable, unfavourable, or neither (trends are the same) when comparing your findings against the industry average. For example, if the business did better than the industry average, select "Favourable" 2020 Calculation Industry Average Favourable, Unfavourable, or Neither? . 1.3 Current Ratio 0.7 + Quick Ratio