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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
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.) \begin{tabular}{|l|l|l|l|l|l|} \hline & \multicolumn{1}{|l|}{2017} & & 2018 & \\ \hline a. & Current ratio & & times & & times \\ \hline b. & Quick ratio & & times & & times \\ \hline c & Cash ratio & & times & & times \\ \hline d. & NWC ratio & & % & % \\ \hline e. & Debt-equity ratio & & times & & times \\ \hline & Equity multiplier & times & times \\ \hline f. & Total debt ratio & & times & times \\ \hline & Long-term debt ratio & & times & times \\ \hline \end{tabular}
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