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What are Devil Dog Company’s ratios for the following: 1. Current Ratio 2. Quick Ratio 3. Working Capital

What are Devil Dog Company’s ratios for the following:

1. Current Ratio

2. Quick Ratio

3. Working Capital

Cash

$88,450

Accounts Receivable

168,700

Supplies

30,255

Stock Investment

159,000

Equipment

295,285

Accumulated Depreciation

$235,760

Accounts Payable

38,555

Wages Payable

27,000

Capital Stock

205,000

Retained Earnings

146,145

Service Revenue

902,105

Interest Income

1,500

Rent Expense

63,500

Wages Expense

539,260

Supplies Expense

42,520

Depreciation Expense

164,095  

Dividends

5,000

_________

    Totals

$1,556,065 (debit)

$1,556,065 (credit)

 
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