2018 $ 49,276 19.784 Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 Current assets Current liabilities Cash $ 12,157 $ 14,105 Accounts payable $ 40,382 Accounts receivable 29,382 32,815 Notes payable 18,246 Inventory 54,632 57 204 Total $ 06,171 $104,124 Total $ 64,628 Long-term debt $ 49,000 Owners' equity Common stock and paid-in surplus $ 50,000 Retained earnings 299.784 Net plant and equipment $367,241 $375,830 Total $349.784 Total assets $463,412 $479,954 Total liabilities and owners' equity $483.412 $ 69,060 $ 45,000 $ 50.000 315,804 $385,894 $479,054 Based on the balance sheets given for Just Dew it a. Calculate the current ratio for each year. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g.: 32.16.) b. Calculate the quick ratio for each year. (Do not round intermediate calculations and round your c. Calculate the cash ratio for each year. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.) d. Calculate the NWC to total assets ratio for each year. (Do not round intermediate calculations and enter your answers as a percent to 2 decimal places, e.g.. 32.16.) e. Calculate the debt-equity ratio and equity multiplier for each year. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g. 32. 16.) f. Calculate the total debt ratio and long-term debt ratio for each year. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g.. 32.16.) Current ratio b. Quick ratio C d. 2017 1.40 times 0.64 times 0.10 times 6.81% 0.32 times 1.32 times times 0.11 times Cash ratio NWC ratio Debt-equity ratio Equity multiplier Total debt ratio Long-term debt ratio 2018 1.51 times 0.88 times 0.20 times 7.31% 0.31 times 1.31 times 0.24 times 0.097 times e. f. 0.25