i Data Table ny follow Emerson Production Company Unadjusted Trial Balance Adjustments Account Trial Balance select a Cash 15,080 1,400 46,000 3.100 5,000 Prepaid rent Equipment Accumulated depreciation -equipment Accounts payable Salary payable Unearned service revenue Income tax payable Notes payable, long-term Common stock Retained earnings Dividends 8,500 13,000 8,100 19,280 1,700 Service revenue 13,000 19,500 Print Done - X Data Table Iny fc A 3,100 5,000 sele 8,500 Accumulated depreciation -equipment Accounts payable Salary payable Unearned service revenue Income tax payable Notes payable, long-term Common stock Retained earnings Dividends 13,000 8,100 19,280 1.700 13,000 19,500 5,100 Service revenue Salary expense Rent expense Depreciation Expense -equipment 4200 1,600 2,200 500 1,200 Income tax expense Total 69.980 69.980 $ 9,000 $ 19,500 The unadjusted trial balance and income statement amounts from the December 31 adjusted trial balance of Emerson Production bompany follow. (Click the icon to view the adjusted trial balance and income statement from the worksheet.) Click the icon to view the adjusting entries.) Read the requirements Let's prepare the balance sheet for Emerson Production Company (if a box is not used in the balance sheet leave the box empty, do not select a label or enter a zero.) Emerson Production Company Balance Sheet December 31 Assets Less Less Liabilities Vie The unadjusted trial balance and income statement amounts from the December 31 adjusted trial balance of Emerson Production Company follow Click the icon to view the adjusted tnal balance and income statement from the worksheet.) (Click the icon to view the adjusting entries.) Read the requirements Shareholders' Equity Requirement 2. Calculate Emerson Production Company's networking capital, current ratio, and debt ratio at December 31. A year ago, net working capital was 57,180, the current ratio was 178, and the debt ratio was 0 22. Indicate whether the company's ability to pay its debts both current and total-improved or deteriorated during the current year. (Round your answers to two decimal places) The networking capital is $ The current ratio is The debt ratio is The ability to pay current liabilities with current assets has The overall ability to pay total liabilities has improved Choose from any list or enter any number in the input fields and then continue to the next question Activa