The following information is obtained from the financial records of Weekend Corporation for the year ended December 31, 2019:

Accounts Payable 180,000

Accounts Receivable 220,000

Allowance for Bad Debt 20,000

Cash 205,000

Common Stock ($5 Par Value) 600,000

Common Stock-Additional Paid-in Capital 150,000

Current Portion of Long-Term Debt 30,000

Interest Payable 22,000

Marketable Securities 135,000

Merchandise Inventory 110,000

Mortgage Payable 125,000

Notes Payable 30,000

Notes Receivable 27,000

Notes Receivable (Due in 2023) 43,000

Prepaid Insurance 2,000

Prepaid Rent 4,000 Plant Assets 800,000

Accumulated Depreciation-Plant Assets 240,000

Salaries Payable 3,000

Supplies 8,000

Taxes Payable 12,000

Unearned Revenue 8,000

2019 Net Income was 450,000.

REQUIRED:

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