Use the information in the following adjusted trial balance for the Wilson Trucking Company. Cash Account...

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Use the information in the following adjusted trial balance for the Wilson Trucking Company. Cash Account Title Accounts receivable Debit $ 5,700 Credit 16,500 Office supplies 2,000 Trucks Accumulated depreciation-Trucks Land 190,000 $ 39,140 75,000 Accounts payable 9,700 Interest payable 3,000 Long-term notes payable 52,000 K. Wilson, Capital 174,031 K. Wilson, Withdrawals 19,000 Trucking fees earned 142,500 Depreciation expense-Trucks 25,245 Salaries expense 66,833 Office supplies expense 7,838 Repairs expense-Trucks Totals 12,255 $420,371 $420,371 1. Calculate the current ratio. Assume that the industry average for the current ratio is 1.5. Choose Numerator: Current Ratio Choose Denominator: = Current Ratio Current ratio Use the information in the following adjusted trial balance for the Wilson Trucking Company. Cash Account Title Accounts receivable Debit $ 5,700 Credit 16,500 Office supplies 2,000 Trucks Accumulated depreciation-Trucks Land 190,000 $ 39,140 75,000 Accounts payable 9,700 Interest payable 3,000 Long-term notes payable 52,000 K. Wilson, Capital 174,031 K. Wilson, Withdrawals 19,000 Trucking fees earned 142,500 Depreciation expense-Trucks 25,245 Salaries expense 66,833 Office supplies expense 7,838 Repairs expense-Trucks Totals 12,255 $420,371 $420,371 1. Calculate the current ratio. Assume that the industry average for the current ratio is 1.5. Choose Numerator: Current Ratio Choose Denominator: = Current Ratio Current ratio