Please answer the question se the information in the following adjusted trial balance for the Wilson Trucking Company.Account TitleCashAccounts receivableOffice suppliesTrucksAccumulated depreciation-TrucksLandAccounts payableInterest payableLong-term notes payableCommon stockRetained earningsDividendsTrucking revenueDepreciation expense-TrucksSalaries expenseOffice supplies expenseInterest expenseDebit$ 9,70016,5002,000162,000Credit$ 33,37275,00013,7003,00058,00017,093140,00019,000104,00021,52548,7765,7208,944$ 369,165Totals$ 369,165(a) Calculate the current ratio for Wilson Trucking.(b) Assuming Spalding (a competitor) has a current ratio of 1.5, which company is better able to pay its sComplete this question by entering your answers in the tabs below.Required ARequired BCalculate the current ratio for Wilson Trucking.Current RatioNumeratorDenominatorCurrent Ratio%3DCurrent assetsCurrent liabilities< Prev5 of 8Next >MacBF4F6F7%2324%46.78 M Questionh Hulu | SearchCHAPTER 3 i(a) Calculate the current ratio for each of the following competinCurrentCurrentLiabilitiesCurrentAssetsRatioEdison%$479,0002$35,909МАXТ105,07086,520Chatter44,55655,487TRỤ85,55793,260Gleeson60,751114,108(b) Which competitor is in the best position to pay its short-term obesO EdisonМАXТO ChatterTRU

Name: Please answer the question se the information in the following adjuste
Uploaded: 2022-11-18T00:26:54.000Z
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Description: Please answer the question se the information in the following adjusted trial balance for the Wilson Trucking Company.Account TitleCashAccounts receivableOffice suppliesTrucksAccumulated depreciation-TrucksLandAccounts payableInterest payableLong-ter