You are evaluating the balance sheet for PattyCakes Corporation. From the balance sheet you find the following balances: cash and marketable securities = $260,000; accounts receivable = $1,400,000; inventory = $2,300,000; accrued wages and taxes = $600,000; accounts payable = $900,000; and notes payable = $800,000.

Calculate PattyCakes current ratio. (Round your answer to 2 decimal places.)

Current ratio

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Calculate PattyCakes quick ratio. (Round your answer to 2 decimal places.)

Quick ratio

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Calculate PattyCakes cash ratio. (Round your answer to 2 decimal places.)

Cash ratio

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