What are delta unlimited company ratios for current ratio

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Question - The following is the Delta Unlimited Company adjusted Trial Balance.

Delta Unlimited Company

Adjusted Trial Balance

December 31, 2016

Account Title

Debit

Credit

Cash

$88,450

 

Accounts Receivable

157,700

 

Supplies

35,255

 

Stock Investment

158,250

 

Equipment

295,285

 

Accumulated Depreciation

 

$235,260

Accounts Payable

 

47,555

Wages Payable

 

30,000

Capital Stock

 

200,000

Retained Earnings

 

136,145

Service Revenue

 

897,105

Interest Income

 

1,500

Rent Expense

63,250

 

Wages Expense

537,260

 

Supplies Expense

42,520  

 

Depreciation Expense

163,595  

 

Dividends

6,000

________

     Totals

$1,547,565

$1,547,565

What are Delta Unlimited Company's ratios for the following: (Round all non-dollar value ratios to one decimal place. Do not enter the ":1" notation in the answer box. For dollar value ratios enter the dollar sign followed by the whole dollar amount. Any negative dollar value the number must be enclosed in brackets and do not use a minus sign.)

1. Current Ratio

2. Quick Ratio

3. Working Capital

Reference no: EM131638340

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