Calculate the Financial Ratios Based on the balance sheets given for Just Dew It$,$ calculate the following financial ratios for each year: Please reflect all answers to $2-$decimals and question $$c$$ in $2-$decimal $\%.$

a$.$ Current ratio.

b$.$ Quick ratio.

c$.$ NWC to total assets ratio.

d$.$ Debt$-$equity ratio and equity multiplier.

e$.$ Total debt ratio and long$-$term debt ratio

$2022202320222023$

Current Assets Current Liabilities

Cash R$14,588\mathrm{.}00$ R$17,631\mathrm{.}00$

Debtors R$35,258\mathrm{.}00$ R$41,019\mathrm{.}00$ Creditors R$55,653\mathrm{.}00$ R$63,073\mathrm{.}00$

Inventory R$65,567\mathrm{.}00$ R$71,505\mathrm{.}00$ Notes payable R$21,895\mathrm{.}00$ R$25,324\mathrm{.}00$

Total R$115,413\mathrm{.}00$ R$130,155\mathrm{.}00$ R$77,548\mathrm{.}00$ R$88,397\mathrm{.}00$

Long term Debt R$58,000\mathrm{.}00$ R$62,000\mathrm{.}00$

Owner's Equity

Common Stock R$60,000\mathrm{.}00$ R$60,000\mathrm{.}00$

Retained Earnings R$397,278\mathrm{.}00$ R$418,179\mathrm{.}00$

Net Plant & Equipment R$477,413\mathrm{.}00$ R$498,421\mathrm{.}00$ Total R$457,278\mathrm{.}00$ R$628,576\mathrm{.}00$

Total Assets R$592,826\mathrm{.}00$ R$628,576\mathrm{.}00$ Total liabilities & Owner's Equity R$592,826\mathrm{.}00$ R$628,576\mathrm{.}00$

Answer Sheet

$2022$

$2023$

a$.$

Current Ratio

b$.$

Acid Ratio

c$.$

Net Working Capital to Total Asset Ratio

d$.$

Debt$-$Equity Ratio

Equity Multiplier

e$.$

Total Debt Ratio

Long$-$term Debt ratio