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10. Mona Corp reports the following balance sheet information as of June 30 for 2xxO and 2xx1 Assets 22000 20X1 Liabilities and Owners 2002XX1 Equity

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10. Mona Corp reports the following balance sheet information as of June 30 for 2xxO and 2xx1 Assets 22000 20X1 Liabilities and Owners 2002XX1 Equity Current assets Current liabilities $34370 $-17,0u 4.00 553.471 5345.049453-975 Cash $ 14,170 $ 17,866 | Accounts payable 145,004 $132,678 44,81847.710 Notes payable 70,402 83,550 Accounts receivable 91,636120,580 Inventory Total current assets Flxed assets Net plant and $150,624 $186,156 Total current liabilities$215,406 $216,228 Long-term debt $100,000 50,000 518,864547,016 Owners' equity equipment Common stock and paid-in surplus $150,000 $150,000 Accumulated retained carnings 204,082 316,944 Total Stockholders equity $354,082 $466,944 Total assets $669,488 733,172 Total liabilities and $669,488 $733,172 owners' equity a. Prepare the 2XX0 and 20X1 common-size balance sheets for Mona. b. Calculate the following financial ratios for each year: (1.) Current ratio (L) Quick ratio (ii.) Cash ratio (iv.) Debt-equity ratio (v.) Equity multiplier (vi.) Total debt ratio

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