The Red company has the following information for the year just ended (5 millions): Cash = 50 Accounts payable = 140 Marketable sec.s = 80 Notes payable = 60 Receivables = 250 Accruals = 100 Inventories = 420 Current liabilities = 300 Current assets = 800 Long-term debt - 350 Fixed assets = 400 Retained earnings = 350 Total assets = 1200 Common stock = 200 Sales - 2400 Common equity = 550 EBIT = 80 Interest expense = 20 Tax rate = 40% wacc = 10% This Red Corporation's current ratio is and its quick ratio is If the industry norms for the current ratio and quick ratio are 2.2 and 0.7, respectively, this company's liquidity would be considered to be__for the industry Select one: a. 0.67, 0.79; below-average b. 2.67; 1.27; above-average O c. 2.67; 0.79, mixed O d. 0.67; 1.27, mixed