swan songs adjust trial balance. compute the current ratio (rounding the answer to two decimals.)

Swan Song's adjusted trial balance as of December 31, 2016 is given below: Compute the current ratio. (Round your answer to two decimals.) Supporting Materials Cred Debit $12,000 8,000 6,000 2,000 3,300 58,000 $12.000 32,000 7,400 46,000 Cash Accounts Receivable Prepaid Rent Prepaid Insurance Office Supplies Building Accumulated Depreciation Building Equipment Accumulated Depreciation -Equipment Land Accounts Payable Salaries Payable Interest Payable Mortgage Payable (long term) B. Swan, Capital B. Swan, Withdrawals Service Revenue Salaries Expense Insurance Expense Rent Expense Utilities Expense Advertising Expense Depreciation Expense-Building Depreciation Expense-Equipment Supplies Expense Total 5.200 4.600 2,500 5,000 11,000 8,600 236,300 190 9,700 10,400 7,000 1,500 $284.000 $284.000 8.09