Chapter 3 Working with Financial Statements source or use of cash. Do your numbers add up and make sense? Explain your answer for total assets as compared to your answer for total liabilities and owners' equity. Calculating Financial Ratios [LO2] Based on the balance sheets given for Just Dew It, calculate the following financial ratios for each year: a Current ratio. b Quick ratio. c Cash ratio. d NWC to total assets ratio e Debt-equity ratio and equity multiplier. f Total debt ratio and long-term debt ratio. TO TY T cd 102 INTE totol accets of Chapter 3 Working with Financial Statements source or use of cash. Do your numbers add up and make sense? Explain your answer for total assets as compared to your answer for total liabilities and owners' equity. Calculating Financial Ratios [LO2] Based on the balance sheets given for Just Dew It, calculate the following financial ratios for each year: a Current ratio. b Quick ratio. c Cash ratio. d NWC to total assets ratio e Debt-equity ratio and equity multiplier. f Total debt ratio and long-term debt ratio. TO TY T cd 102 INTE totol accets of