Homework: Unit 3 Lab Assignment Save Score: 0 of 1 pt 12 of 20 (4 complete) HW Score: 5%, 1 of 20 pts P4-18 (similar to) Question Help (Related to Checkpoint 4.1) (Liquidity analysis) The most recent balance sheet of Raconteurs, Inc., (in millions) is found here: B a. Calculate Raconteurs' current ratio and acid-test (quick) ratio. b. Benchmark ratios for the current and acid-test (quick) ratio are 1.48 and 1.22, respectively. What can you say about the liquidity of Raconteur's operations based on these two ratios? a. Calculate Raconteurs' current ratio and acid-test (quick) ratio. Raconteurs' current ratio is (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. Current assets Cash and marketable securities $10.4 Accounts receivable $40.9 Inventory $60.7 Total current assets $112.0 Current liabilities Accrued wages and taxes $4.9 Accounts payable $34.2 Notes payable $30.8 Total current liabilities $69.9 icon in order to copy its contents into a spreadsheet.)