YZA Inc. has the following data:

• Current Assets: $150,000
• Inventory: $50,000
• Current Liabilities: $60,000
• Total Assets: $400,000
• Total Liabilities: $200,000
• Equity: $200,000

Requirements:

1. Calculate the current ratio.
2. Calculate the quick ratio.
3. Compute the debt to equity ratio.
4. Assess the company’s financial leverage.
5. Compare the liquidity and solvency ratios to industry averages.