how do i calculate the ratios?

er #8 Saved Help Save & Ex Check Credit + Debit $ 27,000 50,000 $ 6,100 Accounts Cash Accounts Receivable Allowance for Uncollectible Accounts Inventory Land Equipment Accumulated Depreciation Accounts Payable Notes Payable (6%, due April 1, 2022) Common Stock Retained Earnings Totals 21,900 65,000 24,500 3,400 30,400 69,000 54, eee 25,500 $188,400 $188,400 During January 2021, the following transactions occur January 2 Sold gift cards totaling $11,800. The cards are redeemable for merchandise within one year of the purchase date. Tanuary 6 Purchase additional inventory on account. $166.. search O Home L * > 0 4 7 8 9 A T Y I O P C 1 G : F 1 H J L EN 1 V V B. N M V Polo Alt PrtSc Ciri er #8 Savo Ches During January 2021, the following transactions occur January 2 Sold gift cards totaling $11,800. The cards are redeemable for merchandise within one year of the purchase date. January 6 Purchase additional inventory on account, $166,000. January 15 Firework sales for the first half of the month total $154, eee. All of these sales are on account. The cost of the units sold is $83,3ee. January 23 Receive $127,300 from customers on accounts receivable. January 25 Pay $109, eee to inventory suppliers on accounts payable. January 28 Write off accounts receivable as uncollectible, 56,700. January 30 Firework sales for the second half of the month total $162,eee. Sales include $10,000 for cash and $152,eee on account. The cost of the units sold is $89,000. January 31 Pay cash for monthly salaries, $53,900. 7. Analyze the following for ACME Fireworks Requirement 1: 0-1. Calculate the current ratio at the end of January Prev 11 of 13 Next > 04 O search O ) * 5 & 7 ( 9 + = 6 8 o R T 1 U O I P > 3 F G H J L : 3 V B N ? M . . V 9 PgUp Alt PrtSc Ctrl Required information a-1. Calculate the current ratio at the end of January Current Ratio Choose Numeraton + Choose Denominator Current Ratio + Current Ratio S e to search CE * 5 - 6 C 9 7 8 O R T Y U I o P t 2 F G H L 3 V B N M V V 9 Alt PrtSc can Poup Required information average? More liquid Less liquid Requirement 2: b-1. Calculate the acid-test ratio at the end of January Acid-test Ratio Choose Numerator Choose Denominator Acid-test Ratio Acid-test Ratio reach O 9 ENG Ru 4 6 8 9 O E R T U I o P 3 F G H J L 3 V B N M V ? V Alt PrtSc Car Poup