The following information applies to the questions displayed below

[The following information applies to the questions displayed below.] The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company. Nelson company uses a perpetual inventory system. It categorizes the following accounts as selling expenses: Depreciation Expense-Store Equipment, Sales Salaries Expense, Rent Expense-Selling Space, Store Supplies Expense, and Advertising Expense. It categorizes the remaining expenses as general and administrative. NELSON COMPANY Unadjusted Trial Balance January 31 Debit Cash Credit $ 26, 800 Merchandise inventory 12 , 500 Store supplies 5, 300 Prepaid insurance 2 , 600 Store equipment 12 , 700 Accumulated depreciation-Store equipment $ 19, 900 Accounts payable 13 , 000 Common stock 5, 000 Retained earnings 30, 000 Dividends 2 , 250 Sales 115 , 300 Sales discounts 1 , 850 Sales returns and allowances 2 , 300 Cost of goods sold 38 , 000 Depreciation expense Store equipment O Sales salaries expense 13 , 550 Office salaries expense 13 , 550 Insurance expense Rent expense-Selling space 6 , 000 Rent expense Office space 5, 000 Store supplies expense Advertising expense 9, 800 Totals $183 , 200 $183, 200 4. Compute the current ratio, acid-test ratio, and gross margin ratio Current ratio Acid-test ratio Gross margin ratio :1