The following information is obtained from the financial records of Weekend Corporation for the year ended December 31, 2020:

Accounts Payable180,000

Accounts Receivable320,000

Allowance for Bad Debt20,000

Cash225,000

Common Stock ($5 Par Value)600,000

Common Stock-Additional Paid-in Capital150,000

Current Portion of Long-Term Debt30,000

Interest Payable12,000

Marketable Securities135,000

Merchandise Inventory230,000

Mortgage Payable125,000

Notes Payable30,000

Notes Payable (Due in 2024)50,000

Notes Receivable38,000

Notes Receivable (Due in 2023)40,000

Prepaid Insurance2,000

Prepaid Rent4,000Plant Assets800,000

Accumulated Depreciation-Plant Assets240,000

Salaries Payable13,000

Supplies10,000

Taxes Payable12,000

Unearned Revenue8,000

2020 Net Income was 480,000.

REQUIRED: Calculate (1) The Current Ratio (2) The Quick Ratio and (#) Earnings Per Share