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Question 16 0/4 points AAA's inventory turnover ratio is 15.00 based on sales of $19,500,000....

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Question 16 0/4 points AAA's inventory turnover ratio is 15.00 based on sales of $19,500,000. The firm's current ratio equals 4.98 with current liabilities equal to $600,000. What is the firm's quick ratio? (Round your answer to two decimal places.) 2.81 4.98 4.07 O 1.60 6.15 Question 17 0/4 points Strack Houseware Supplies Inc. has $620 million in total assets. The other side of its balance sheet consists of $105.40 million in current liabilities, $235.60 million in long-term debt, and $279.00 million in common equity. The company has 22,000,000 shares of common stock outstanding, and its stock price is $88 per share. What is Strack's market-to-book ratio? 2.22 3.17 6.94 7.59 1.83

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