The following is the balance sheet for LMN Retailer as of December 31, 2023:

Assets	Amount ($)
Cash	90,000
Accounts Receivable	120,000
Inventory	210,000
Property, Plant & Equipment	600,000
Total Assets	1,020,000

Liabilities and Equity	Amount ($)
Accounts Payable	200,000
Short-term Debt	100,000
Long-term Debt	250,000
Common Stock	300,000
Retained Earnings	170,000
Total Liabilities and Equity	1,020,000

Requirements:

• Calculate the Quick Ratio.
• Determine the Equity Multiplier.
• Compute the Inventory Turnover Ratio.
• Assess the company's liquidity and leverage based on these ratios.