You are evaluating the balance sheet for PattyCakes Corporation. From the balance sheet you find the following balances: cash and marketable securities = $380,000; accounts receivable = $1,240,000; inventory = $2,140,000; accrued wages and taxes = $520,000; accounts payable = $820,000; and notes payable = $640,000. Calculate PattyCakes current ratio. (Round your answer to 2 decimal places.) Calculate PattyCakes quick ratio. (Round your answer to 2 decimal places.) Calculate PattyCakes cash ratio. (Round your answer to 2 decimal places.) Next Visit question map Question 7 of 10 Total 7 of 10 Prev