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City B's balance sheet is shown in Table 26.9. Calculate the following: a. current ratio b. working capital c. quick ratio d. the common-size ratios

City B's balance sheet is shown in Table 26.9. Calculate the following: a. current ratio b. working capital c. quick ratio d. the common-size ratios for cash, advance payments, receivables, and restricted asset.

Table 26.9 City B: Statement of Financial Position (Balance Sheet)
City B
Assets ($)
Cash 150,071
Investments 520,950
Receivables 222,793
Inventory 18,154
Other Non-Current Assets 1,027,412
Capital Assets (at cost)
Non-Depreciable 1,694,551
Depreciable Net 2,530,613
Total Assets 6,164,544
Liabilities ($)
Accounts Payable 583,214
Trust Liabilities and Deposits 31,984
Advance Payments 35,691
Matured Bonds Payable 77,044
Interest Payable 58,503
Non Current Liabilities
Due in Less Than One Year 103,845
Due in More Than One Year 2,054,176
Total Liabilities 2,944,457
Net Assets ($)
Net Investment in Capital Assets 586,550
Restricted Assets 1,790,701
Unrestricted Assets 842,836
Total Net Assets 3,220,087
Total Liabilities & Net Assets 6,164,544

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