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Brler Exercise 3-9 (Algo) Calculating ratlos [LO3-8] The following is a December 31, 2021, post-closing trial balance for Culver City Lighting, Inc. Account Title Cash
Brler Exercise 3-9 (Algo) Calculating ratlos [LO3-8] The following is a December 31, 2021, post-closing trial balance for Culver City Lighting, Inc. Account Title Cash Accounts receivable Inventory Prepaid insurance Equipment Accumulated depreciation Patent(net) Accounts payable Interest payable Notes payable (duer in 10 years) Common stock Retained earnings Totals Debits Credits $ 57, eee 41,000 42,000 17,600 120.000 $36.000 42,800 13,000 3, 120,000 92, Bee 5524.000 5524.eu a. Calculate the current ratio b. Calculate the acid-test ratio c. Calculate the debt to equity ratio IN Numerator 0 Current Ratio Current Assets Current Labies Adid Test Ratio Denominator 0 Numerator Denominator Dubito Equity Ratio Numerator Denominator Next > re
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