Selected assets and liabilities of BDF Corporation as of end of year 1 were as follows:...

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Selected assets and liabilities of BDF Corporation as of end of year 1 were as follows: Cash Accounts receivable Inventory Accounts payable $100 $30 $20 $75 Long-term debt (all payable at end $50 of year 5) Show detail computations for all answers for chance at partial credit (round all calculations to 2 decimal places). a. What was the company's current ratio at the end of year 1? b. What was the company's acid-test (quick) ratio at the end of year 1? c. Recalculate the company's current ratio at end of year 1. In addition to the information provided, assume the company purchased $10 of inventory on account. Selected assets and liabilities of BDF Corporation as of end of year 1 were as follows: Cash Accounts receivable Inventory Accounts payable $100 $30 $20 $75 Long-term debt (all payable at end $50 of year 5) Show detail computations for all answers for chance at partial credit (round all calculations to 2 decimal places). a. What was the company's current ratio at the end of year 1? b. What was the company's acid-test (quick) ratio at the end of year 1? c. Recalculate the company's current ratio at end of year 1. In addition to the information provided, assume the company purchased $10 of inventory on account.