Assets 2017 2018 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 13,200 Accounts payable $ 46,000 38,640 Notes payable 27,800 87120 Current assets Cash Accounts receivable Inventory $ 10,200 30,200 74,600 $ 62,160 33,120 Total $ 115,000 $ 138,960 Total $ 95,280 $ 73,800 $ 40,000 Long-term debt R $ 36,000 Owners' equity Common stock and paid-in s 60.000 surplus Retained earnings 226,200 $60,000 288,720 Net plant and equipment $285,000 $341,040 Total $286,200 $348,720 Total assets $400,000 $480,000 Total liabilities and owners equity $400,000 $480,000 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 answers to 2 decimal places, e.g., 32.16.) 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. Enter your answers as a percent rounded 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.)