QUESTION 8 Find the following current ratios based on the information below: Current assets Inventory and equipment Cash $3,499,345 $767,909 $780,542 $1,002,763 Net Receivables Cash equivalents Current liabilities $3,002,100 $3,173,822 $2,997,132 $5,111,129 Cash operating expense Operating income Total operating revenue # days in period 365 a. Current Ratio (assets/liabilities) =, b. Quick Ratio (cash + cash equivalents + net receivables/liabilities) Format the numbers with two digits past the decimal point. The operating margin may be listed as a ratio or percentage. If answered as a percentage, format it with one digit past the decimal point and include the percentage symbol. Operating Margin (operating income/total operating revenue) c