Based on the balance sheets given for Just Dew It, calculate the following financial ratios for each
Question:
Based on the balance sheets given for Just Dew It, calculate the following financial ratios for each year:
a. Current ratio.
b. Quick ratio.
c. Cash ratio.
d. NWC to total assets ratio.
e. Debt–equity ratio and equity multiplier.
f. Total debt ratio and long-term debt ratio.
Just Dew It Corporation reports the following balance sheet information for 2008 and 2009.
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Step by Step Answer:
a Current Ratio The current ratio is calculated by dividing current assets by current liabilities Current Ratio Current Assets Current Liabilities For 2008 Current Assets 61434 Current Liabilities 430...View the full answer
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Related Book For 
Fundamentals of corporate finance
ISBN: 978-0073382395
9th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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