(Related to Checkpoint 4.1) (Liquidity analysis) The most recent balance sheet of Raconteurs, Inc., (in millions) is found here: a. Calculate Raconteurs' current ratio and acid-test (quick) ratio. b. Benchmark ratios for the current and acid-test (quick) ratio are 1.49 and 1.23, respectively. What can you say about the liquidity of Raconteur's operations based on these two ratios? a. Calculate Raconteurs' current ratio and acid-test (quick) ratio. Raconteurs' current ratio is . (Round to two decimal places.) Data table Current assets Cash and marketable securities $10.3 Accounts receivable $40.9 Inventory $59.5 Total current assets $110.7 Current liabilities Accrued wages and taxes $5.4 Accounts payable $35.2 Notes payable $30.5 Total current liabilities $71.1 (Click on the icon in order to copy its contents into a spreadsheet.) Done