Part A) The Current Ratio for 2017 is

A. 1.84 : 1

B. 1 : 1

C. 3.53 : 1

Part B) The Quick Ratio for 2016 is

A. 1 : 1

B. 1.60 : 1

C. 2.51 : 1

Part C) The Debt Ratio for 2016 is

A.36.58%

B.18.90%

C.100%

Horizontal Analysis Capital City Carpet Cleaning Comparative Income Statement For the Years Ended June 30, 2017 and June 30, 2016 Dollar Change Percent 2017 2016 Change Revenue: Service Revenue $ 108,500.00 $88,400.00 Expenses: Wages Expense Advertising Expense Repairs & Maint-Equipment Exp Vehicle Expense Telephone Expense Office Supplies Expense Job and Materials Expense Depreciation Expense Van Depreciation Exp.-Equip. 61,500.00 59,100.00 9,370.00 2,250.00 3,690.00 1,600.00 500.00 4,020.00 4,780.00 1,655.00 11,350.00 1,400.00 4,370.00 1,740.00 625.00 4,925.00 4,930.00 1,820.00 Total Expenses $ 92,660.00 $ 86,965.00 1,435.00 Net Income 15,840.00