Note: This question uses the same information as two other questions on this exam. It is A company's adjusted trial balance is presented below. Company X Adjusted Trial Balance December 31, 20XX Balance Account Title Debit Credit Cash Accounts Receivable Prepaid Rent Office Supplies Equipment $153,000 13,000 42,000 23,000 304,000 Accumulated Depreciation, Equipment 62,000 Accounts Payable 80,000 Unearned Revenue (short-term) 31,000 Notes Payable (long-term) 119,000 Common Stock 139,000 Dividends 10,000 Retained Earnings, January 1, 20XX 84,000 223,000 Service Revenue 62,000 Rent Expense 120,000 Salaries Expense Depreciation Expense - Equipment 8,000 3,000 Utilities Expense $738,000 $738,000 Total Calculate and interpret the following ratios: 1. Debt ratio 2. Current ratio Show all work to receive partial credit. If you plan to su