The question is

Compute the current ratio, acid-test ratio, and gross margin ratio as of January 31, 2013. (Round your answers to 2 decimal places.)? Current ratio Acid-test ratio Gross margin ratio

NELSON COMPANY Unadjusted Trial Balance January 31, 2013
	Debit		Credit
Cash	$	24,600
Merchandise inventory		12,500
Store supplies		5,900
Prepaid insurance		2,300
Store equipment		42,900
Accumulated depreciationStore equipment			$	19,950
Accounts payable				13,000
J. Nelson, Capital				39,000
J. Nelson, Withdrawals		2,100
Sales				115,200
Sales discounts		2,000
Sales returns and allowances		2,250
Cost of goods sold		38,000
Depreciation expenseStore equipment		0
Salaries expense		31,300
Insurance expense		0
Rent expense		14,000
Store supplies expense		0
Advertising expense		9,300
Totals	$	187,150	$	187,150

Rent expense and salaries expense are equally divided between selling activities and the general and administrative activities. Nelson Company uses a perpetual inventory system.

a.	Store supplies still available at fiscal year-end amount to $2,800.
b.	Expired insurance, an administrative expense, for the fiscal year is $1,500.
c.	Depreciation expense on store equipment, a selling expense, is $1,675 for the fiscal year.
d.	To estimate shrinkage, a physical count of ending merchandise inventory is taken. It shows $10,300 of inventory is still available at fiscal year-end.