Using the Following Year-End Information for Breanna Boutique,calculate the Current

Using the following year-end information for Breanna Boutique,calculate the current ratio and acid-test ratio for the boutique:
Cash…………………………………… $ 52,000
Short-term investments………………... 12,000
Accounts receivable…………………… 54,000
Inventory……………………………… 325,000
Prepaid expenses……………………… 17,500
Accounts payable……………………... 106,500
Other current payables………………… 25,000

A) 1.8 and 1
B) 1.97 and 1.52
C) 2.73 and 1.52
D) 3.50 and 0.90
E) None of the choices are correct