Rocky Johnson just reported the following balance sheet for the end of 2020.

Know Your Role Boulevard, LLC

Assets:	$
Cash and Marketable Securities	$250,000
Accounts Receivable	$400,000
Inventory	$350,000.00
Total Current Assets	$1,000,000.00
Gross Fixed Assets	$5,000,000
Accumulated Depreciation	$2,225,000
Net Fixed Assets	$2,775,000
Total Assets	$3,775,000

Liabilities and Shareholder Equity	$
Accounts Payable	$325,000
Notes Payable	$600,000
Total Current Liabilities	$925,000.00
Long term Debt	$1,680,000
Total Liabilities	$2,605,000
Common Stock	$750,000
Retained Earnings	$420,000
Total Shareholder Equity	$1,170,000
Total Liabilities and Shareholder Equity	$3,775,000

Find the current ratio for the firm.

Find the quick ratio for the firm.