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You are evaluating the balance sheet for PattyCake's Corporation. From the balance sheet you find the following balances: cash and marketable securities = $390,000; accounts

You are evaluating the balance sheet for PattyCake's Corporation. From the balance sheet you find the following balances: cash and marketable securities = $390,000; accounts receivable = $1,220,000; inventory = $2,120,000; accrued wages and taxes = $510,000; accounts payable = $810,000; and notes payable = $620,000.

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

Current ratiotimes

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

Quick ratiotimes

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

Cash ratiotimes

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