Question: Check my work You are evaluating the balance sheet for Patty Cake's Corporation. From the balance you find the following balances: cash and marketable securities

Check my work You are evaluating the balance sheet for Patty Cake's Corporation. From the balance 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. points Calculate PattyCake's current ratio. (Round your answer to 2 decimal places.) 8 02:46:03 Current ratio times Skipped eBook Calculate Patty Cake's quick ratio. (Round your answer to 2 decimal places.) Hint Quick ratio times Print References Calculate PattyCake's cash ratio. (Round your answer to 2 decimal places.) Cash ratio times

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