Current Ratio, Quick Ratio, and Times-Interest-Earned Ratio The following data is from the current accounting records of Florence Company: current ratio, so a better idea is to use $15 of cash to pay accounts payable early. Florence Company uses the allowance method to account for bad debts. a. Calculate the current ratio under the following scenarios: Round answers to two decimal places. b. Will either the quick ratio or the times-interest-earned ratios be affected by at least one of these ideas