The following information relates to ABC, Inc: Total assets = $400,000 Long-term assets = $100,000 Inventory = $50,000 Current liabilities = $100,000 What are the firm's current and quick ratios respectively? Select one: O A Current ratio = 3.0x Quick ratio = 2.5x O B. Current ratio = 1.0c Quick ratio = 2.0x OC. Current ratio = 1.5xc Quick ratio = 2.0x O D. Current ratio = 2.5x Quick ratio = 2.0x A firm has total assets of $2.000.000. It has $900.000 in long-term debt and stockholders equity of $1.000.000. What is Select one OA 45% OB. 50% O C. 55% OD. None of these answers is correct A firm has current assets of $100.000 and total assets of $400.000. The firm's sales are $900,000. The firm's fixed asset turn Select one O a 3.00x Ob 2.25x Oc 240x od 9.00x