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Question - The following is the Delta Unlimited Company adjusted Trial Balance.
Delta Unlimited Company
Adjusted Trial Balance
December 31, 2016
Account Title
Debit
Credit
Cash
$88,450
Accounts Receivable
157,700
Supplies
35,255
Stock Investment
158,250
Equipment
295,285
Accumulated Depreciation
$235,260
Accounts Payable
47,555
Wages Payable
30,000
Capital Stock
200,000
Retained Earnings
136,145
Service Revenue
897,105
Interest Income
1,500
Rent Expense
63,250
Wages Expense
537,260
Supplies Expense
42,520
Depreciation Expense
163,595
Dividends
6,000
________
Totals
$1,547,565
What are Delta Unlimited Company's ratios for the following: (Round all non-dollar value ratios to one decimal place. Do not enter the ":1" notation in the answer box. For dollar value ratios enter the dollar sign followed by the whole dollar amount. Any negative dollar value the number must be enclosed in brackets and do not use a minus sign.)
1. Current Ratio
2. Quick Ratio
3. Working Capital
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