(% E4-18 (SIMlla The adjusted trial balance of Chris O'Donovan Dance Studio Company follows: (Click the icon to view the adjusted trial balance.) Read the requirements Assets Current Assets: 13,000 $ Cash 2,400 Office Supplies 1,400 Prepaid Rent 16,800 Total Current Assets Property, Plant, and Equipment 56,000 Equipment (5,800) Less: Accumulated Depreciation-Equipment 50,200 Total Property, Plant, and Equipment 67,000 Total Assets Choose from any list or enter any number in the input fields and then click Check Answer. part remaining 1 Read the requirements 67,000 Total Assets Liabilities Current Liabilities: Accounts Payable 4,900 Salaries Payable 400 4,400 Unearned Revenue $ 9,700 Total Current Liabilities Long-Term Liabilities: 4,500 Notes Payable (long-term) 14,200 Total Liabilities Stockholders Equity Choose from any list or enter any number in the input fields and then click Check Answer. part remaining HW Score: 43.48 % , 8.7 of 20 pt Score: 8.7 of 10 pts 1 of 2 (1 complete) EQuestion Help E4-18 (similar to The adjusted trial balance of Chris O'Donovan Danoe Studio Company follows: E (Click the icon to view the adjusted trial balance.) Read the requirements FO L Stockholders' Equity 17,000 Common Stock 35,800 Retained Eamings 52.800 Total Stockholders Equity 67,000 Total Liabilities and Stockholders' Equity Requirement 2. Compute ODonovan's cument ratio at August 31, 2018. One year ago, the current ratio was 1.49. Indicate whether the same ODonovan's ability to pay ourrent debts has improved, deteriorated, or remained Select the labels then enter the amounts and compute the current ratio. (Round your answer to two decimal places) Current ratio Choose from any ist or enter any number in the input fields and then click Check Answer Check Answer 1 part remaining Clear All