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You are evaluating the balance sheet for SophieLex's Corporation. From the balance sheet you find the following balances: cash and marketable securities =$340,000; accounts receivable

image text in transcribed You are evaluating the balance sheet for SophieLex's Corporation. From the balance sheet you find the following balances: cash and marketable securities =$340,000; accounts receivable =$1,300,000; inventory =$2,200,000; accrued wages and taxes = $550,000; accounts payable =$850,000; and notes payable =$700,000. Calculate SophieLex's current ratio, quick ratio, and cash ratio. Note: Round your answers to 2 decimal places

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