The following items are reported on a company's balance sheet: 
Determine:
(a) current ratio
(b) quick ratio.
Round your answer to one decimal place.
Definitions:
Regular Machines
Standardized machines typically used in manufacturing or production processes with specific, repetitive tasks.
Production Time
The total time required to manufacture an item, including processing, waiting, and assembly times.
Regular Machines
Machines that perform operations under a set of defined rules and conditions without the need for human intervention, typically used in manufacturing and automation.
Objective Function
A mathematical function representing the goal of an optimization problem, typically minimized or maximized.
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