The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company. Unadjusted Trial Balan January 31, 2017 Cash Merchandise inventory Store supplies Prepaid insurance Store equipment Accumulated depreciation-store equipment Accounts payable Common stock Retained earnings Dividends Sales Sales discounts Sales returns and allowances Cost of goods sold Depreciation expense-Store equipment Salaries expense Insurance expense Rent expense Store supplies expense Advertising expense Totals 38,250 14,500 6,000 2,200 42,600 19,100 14,000 3,600 18,000 2,000 146,800 2,100 2,150 38,000 30,000 14,000 9.700 2 $201,500 $201,500 Rent ernense and salaries expense are equally divided between selling activities and general a $201 500 $201 500 Rent expense and salaries expense are equally divided between selling activities and general and administrative activities. Nelson Company uses a perpetual inventory system. Additional Information: a. Store supplies still available at fiscal year-end amount to $2,950. b. Expired insurance, an administrative expense, for the fiscal year is $1,600. c. Depreciation expense on store equipment, a selling expense, is $1,500 for the fiscal year d. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,000 of inventory is still available at fiscal year-end. 4. Compute the current ratio, acid-test ratio, and gross margin ratio as of January 31, 2017 (Round your answers to 2 decimal places.) Cu Acid-test ratio Gross margin ratio t ratio 0.66 :1