978126079

Submit Help Save & Exit Saved Problems Check my work You are evaluating the balance sheet for PattyCake's Corporation. From the balance sheet you find the following balances: cash and marketable securities $400,000, accounts receivable $1,200,000, inventory- $2,100,000, accrued wages and taxes $500,000, accounts payable $800,000, and notes payable $600,000. Calculate PattyCake's current ratio. (Round your answer to 2 decimal places.) imes Current ratio es Calculate PattyCake's quick ratio. (Round your answer to 2 decimal places.) imes Quick ratio Calculate PattyCake's cash ratio. (Round your answer to 2 decimal places.) Cash ratio times