Simon is looking over the annual report from Movement Global, a manufacturer and retailer of yoga wear. He has to make four calculations. -Gross margin % -Inventory turns (In place of average inventory, please use Inventories CAD to make your Inventory Turns calculation) -Quick ratio -Current ratio Cash and cash equivalents CAD $1,104,440.05 Accounts Receivable CAD $39,414.62 Inventories CAD $508,142.74 Prepaid and receivable income taxes CAD $86,862.18 Other prepaid expenses and current assets CAD $71,952.84 Property and equipment, net CAD $671,693.00 Right-of-use lease assets CAD $675,870.72 Goodwill and intangible assets, net CAD $24,178.77 Deferred income tax assets CAD $30,806.30 Other non-current assets CAD $55,076.98 Accounts payable CAD $81,596.94 Accrued inventory liabilities CAD $6,217.12 Accrued compensation and related expenses CAD $133,688.00 Current lease liabilities CAD $127,212.03 Current income taxes payable CAD $25,907.28 Unredeemed gift card liability CAD $121,617.13 Other current liabilities CAD $125,043.00 Non-current lease liabilities CAD $611,464.00 Non-current income taxes payable CAD $47,261.48 Deferred income tax liabilities CAD $42,563.36 Other non-current liabilities CAD $5,651.96 Annual COGS CAD $1,720,791.80 Annual Sales CAD $4,058,881.92

how to calculate Prepared expenses in quick ratio??