Claim Denied Insurance Company's net fixed assets = $200,000, total assets = $400,000, inventory = $50,000 and current liabilities = $100,000. All assets are classified as being either "current...

Claim Denied Insurance Company's net fixed assets = $200,000, total assets =
$400,000, inventory = $50,000 and current liabilities = $100,000. All assets are
classified as being either "current assets" or "fixed assets."
a. What is Claim Denied's current ratio?
b. What is Claim Denied's quick (acid-test) ratio?