Question: I need help finding current ratio, acid-test ratio, and gross margin ratio The following unadjusted trial balance is prepared at fiscal yearend for Nelson Company.
I need help finding current ratio, acid-test ratio, and gross margin ratio

The following unadjusted trial balance is prepared at fiscal yearend for Nelson Company. Nelson company uses a perpetual inventory system. It categorizes the following accounts as selling expenses: depreciation expensestore equipment, sales salaries expense, rent expenseselling space, store supplies expense, advertising expense. lt categorizes the remaining expenses as general and administrative. NELSON CWANY Unadjusted Trial Balance January 31 Debit Credit Cash 5 L450 Merchandise inventoryr 12, 500 Store supplies 5,400 Prepaid insurance 2,?00 Store equipment 42,800 Accumulated depreciationStore equipment 5 19,500 Accounts payable 15,300 II. Nelson, Capital 13,300 II. Nelson, withdrawals 2,350 Sales 115,450 Sales discounts 2,300 Sales returns and allowances 2,150 Cost of goods sold 33,300 Depreciation expenseStore equipment 0 Sales salaries expense 15,150 Office salaries expense 15,150 Insurance expense 0 Rent expenseSelling space 6, 500 Rent expenseOffice space 6, 500 Store supplies expense 0 Advertising expense 9,600 Totals $15?,950 $15?,950 Additional Information: a. Store supplies still available at scal year-end amount to $2,300. 1:. Expired insurance, an administrative expense, for the fiscal year is $1,750. 1:. Depreciation expense on store equipment, a selling expense, is $1,525 forthe fiscal year. d. To estimate shrinkage, a physical count of ending merchandise inventory is ta ken. It shows $10,400 of inventory is still available at scal yea r-end
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