The following amounts were reported by Liquid Company in its most recent statement of financial position: Cash $43,340 Accounts receivable (net) 130,000 Short-term investments 24,000 Inventory 390,000 Prepaid insurance 44.720 Property, plant, and equipment (net) 960,000 Accounts payable 93,000 Wages payable 37,000 Income tax payable 64,000 Sales tax payable 10,000 Notes payable (due within one year) 82,000 Bank loan payable (due in three years) Ell 50,000 Calculate the current ratio and quick ratio for L Current ratio 2.21 Quick ratio 0.69 Save for Later Last saved 1 hour ago. Saved work will be auto-submitted on the due dat submission can take up to 10 minutes. 22