The following unadjusted trial balance is prepared at fiscal year-end for Nelson Company.

NELSON COMPANY

Unadjusted Trial Balance

January 31, 2017

Debit

Credit

Cash

$

44,500

Merchandise inventory

13,500

Store supplies

5,400

Prepaid insurance

2,800

Store equipment

42,600

Accumulated depreciationStore equipment

$

18,250

Accounts payable

17,000

Common stock

3,000

Retained earnings

15,000

Dividends

2,000

Sales

155,150

Sales discounts

2,000

Sales returns and allowances

2,100

Cost of goods sold

38,000

Depreciation expenseStore equipment

0

Salaries expense

30,500

Insurance expense

0

Rent expense

15,000

Store supplies expense

0

Advertising expense

10,000

Totals

$

208,400

$

208,400

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:

1. Store supplies still available at fiscal year-end amount to $2,850.
2. Expired insurance, an administrative expense, for the fiscal year is $1,500.
3. Depreciation expense on store equipment, a selling expense, is $1,650 for the fiscal year.
4. To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,100 of inventory is still available at fiscal year-end.ev:10_24_2018_QC_CS-145044

4.Compute the current ratio, acid-test ratio, and gross margin ratio as of January 31, 2017.(Round your answers to 2 decimal places.)

I CANNOT FIGURE OUT HOW TO GET THE FOLLOWING:

*** Current ratio

*** Acid-test ratio

*** Gross margin ratio