The following information was taken from the Embassy Company's balance sheets:

\begin{tabular}{|c|c|c|}

\hline & \multicolumn{2}{|c|}{ in 000 's } \\

\hline & December 31,2000 & December 31, 1999 \\

\hline Cash & $\$ 150$ & $\$ 100$ \\

\hline Accounts receivable. . & 700 & 800 \\

\hline Inventory . . . . . . . . . . . . & 1,400 & 2,000 \\

\hline Total current assets & $\underline{\underline{\$ 2,250}}$ & $\underline{\underline{\$ 2,900}}$ \\

\hline Total current liabilities & $\$ 1,600$ & $\$ 1,800$ \\

\hline

\end{tabular}

1. Calculate the acid-test ratios for Embassy Company for 2000 and 1999 2. Calculate the current ratios for Embassy Company for 2000 and 1999.