As of december 31, the stanford company has the following information. use this information to answer questions 1 to 3.

cash $5,000
accounts receivable 15,000
inventory 40,000
prepaid insurance 3000
fixed assets 100,000
accounts payable 15,000
notes payable in 5 months 12,500
salary payable 25,000
notes payable in 5 years
35,000
owner’s equity 98,000

1. what is the company's quick ratio?
2. what is the company's working capital?
3. what is the company's current ratio?

A. the following events are mutually exclusive: living in california and watching american idol. true or false b. the number of patients seen by an outpatient practice is an example of a discrete random variable. true or false c.the law of large numbers states that as the number of times an event experiment is conducted increases, the likelihood of the actual probability of an event approaching the theoretical probability decreases. true or false d. measuring the time it takes for patients to enter the operating room is an example of a continuous random variable. true or false