ter 3 HW Saved Brief Exercise 3-9 Calculating ratios [LO3-8] The following is a December 31, 2018, post-closing trial balance for Culver City Lighting, Inc. Account Title Cash Accounts receivable Inventories Prepaid insurance Equipment Accumulated depreciation-equipment Patent, net Accounts payable Interest payable Note payable (due in 10, equal annual installments) Common stock Retained earnings Debits $ 73,000 57,000 63,000 Credits pped 33,000 140,000 $52,000 58,000 21,000 11,000 Book 190,000 88,000 62,000 Print Totals $424,000 $424,000 a. Calculate the current ratio. b. Calculate the acid-test ratio. c. Calculate the debt to equity ratio. Terences Current Ratio Numerator Denominator Acid-Test Ratio Numerator Denominator Debt to Equity Ratio Numerator Denominator we Prev 3 of 14 JUN 16