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From the given trial balance below, compute for the financial ratios. 1. Current Ratio - 2. Quick Raito - 3. Asset Turnover - 4. Debt

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From the given trial balance below, compute for the financial ratios.

1. Current Ratio -

2. Quick Raito -

3. Asset Turnover -

4. Debt Ratio -

ABC Internet Shop Adjusted Trial Balance As of Dec, 31, 2016 10,325 13,600 3,800 11,000 100,000 9,000 250 Cash Accounts receivable Supplies Prepaid Insurance Land Office Equipment Accum Dep'n - Office equipt Accounts Payable Wages Payable Juan de la Cruz Capital Juan de la Cruz Drawing Fees earned Wages expense Rent expense Dep'n expense Utilities expense Supplies expense Insurance expense Misc expense TOTALS 4,500 2,450 125,000 20,000 84,800 22,625 8,000 250 4,925 10,200 1.000 2,275 217.000 217 000

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