NELSON COMPANY Unadjusted Trial Balance January 31
	Debit			Credit
Cash	$	22,150
Merchandise inventory		13,000
Store supplies		5,100
Prepaid insurance		2,800
Store equipment		42,800
Accumulated depreciationStore equipment				$	19,250
Accounts payable					17,000
Common stock					4,000
Retained earnings					25,000
Dividends		2,100
Sales					115,900
Sales discounts		2,100
Sales returns and allowances		2,000
Cost of goods sold		38,000
Depreciation expenseStore equipment		0
Sales salaries expense		12,900
Office salaries expense		12,900
Insurance expense		0
Rent expenseSelling space		8,000
Rent expenseOffice space		8,000
Store supplies expense		0
Advertising expense		9,300
Totals	$	181,150		$	181,150

1. Store supplies still available at fiscal year-end amount to $2,350.
2. Expired insurance, an administrative expense, is $1,600 for the fiscal year.
3. Depreciation expense on store equipment, a selling expense, is $1,550 for the fiscal year.
4. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,600 of inventory is still available at fiscal year-end.

Current ratio		:1
Acid-test ratio		:1
Gross margin ratio		:1

4. Compute the current ratio, acid-test ratio, and gross margin ratio as of January 31. (Round your answers to 2 decimal places.)