Question 7 10 points Save Answer Note: Please show all work dearly and in order. You MUST show all procedures as equations on how to get to your answer. If you only show the answer. 50% of total points will be deducted. Apex Corporation has current liabilities of $2 million, a current ratio of 3.0, a quick ratio of 2.0, and a cash ratio of 75. Given this information, answer the following about the firm's liquidity: 1) What is the value of inventory? 2) What is the value of receivables? 3) What will happen to each of the three ratios if 51 million in current liabilities is refunded with long term debt