Question 4 of 5 View Policies Show Attempt History Current Attempt in Progress These financial statement itents are for Blossom Company at year-end, July 31, 2022. Salaries and wages payable Salaries and wages expense Supplies expense Equipment Accounts payable Service revenue Rent revenue Notes payable (due in 2025) Common stock Cash Accounts receivable Accumulated depreciation-equipment Dividends Depreciation expense Retained earnings (beginning of the year) $3,900 58,600 17.200 15,400 4,100 67,200 10,100 3,500 16,000 36,500 11,500 7,200 4,000 4,000 35,200 (a 1) MacBook Air DW 80 F3 F1 F2 FS @ # $ & 1 2 3 4 5 6 7 00 8 List of Accounts (c) Your answer is partially correct. Compute the current ratio and debt to assets ratio. (Round answers to 1 decimal place, eg. 15.2. 6 :1 Current ratio Debt to assets ratio 0.20 96 e Textbook and Media List of Accounts Accounts Payable Accounts Receivable Accumulated Depreciation-Buildings Action MacBook Air 80 F7 F& FO F5 F4 F2 F3 $ % & 6 7 8