Assuming: Cash=$14,870; accounts receivable=$22,108; prepaids=$3,010;
Assuming: Cash=$14,870; accounts receivable=$22,108; prepaids=$3,010;
supplies=$927; equipment=$62,150; accumulated depreciation=$13,750; accounts payable=$28,000.
Calculate the following (rounded to two decimal points): working capital ratio, current ratio, quick ratio, debt ratio, equity ratio, and debt to equity ratio.