You are evaluating the balance sheet for PattyCakes Corporation. From the balance sheet you find the following balances: cash and marketable securities = $280,000; accounts receivable = $1,380,000; inventory = $2,280,000; accrued wages and taxes = $590,000; accounts payable = $890,000; and notes payable = $780,000. Calculate PattyCakes current ratio. (Round your answer to 2 decimal places.) Current ratio times Calculate PattyCakes quick ratio. (Round your answer to 2 decimal places.) Quick ratio times Calculate PattyCakes cash ratio. (Round your answer to 2 decimal places.) Cash ratio times Hints