a CFE was hired by B Industrial to investigate suspected fraud. the CFE started analyzing the financial statements in CY2021. Cash $20,000 Accounts payable $11,000 Accounts receivable $15,000 Wages payable $5,000 Capital Stock $5,000 Retained earnings $20,000 Inventory $6,000 Notes payable (3-year term) $8,000 Property, plant equipment, net $8,000 Required: Calculate the quick ratio and current ratio.

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