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.)

Assets 2017 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 15,120 Accounts payable $ 61,600 25,200 Notes payable 14,400 2018 $ $ 62,160 Current assets Cash Accounts receivable Inventory 7,400 23,400 18,240 76,200 89,040 Total $ 107,000 $ 129,360 Total $ 76,000 $ 80,400 Long-term debt $ 48,000 $ 36,000 Owners' equity Common stock and paid-in surplus Retained earnings $ 60,000 $ 60,000 216,000 303,600 Net plant and equipment $293,000 $350,640 Total $276,000 $363,600 Total assets $400,000 $ 480,000 Total liabilities and owners' equity $400,000 $ 480,000 2017 2018 a. Current ratio 1.41 times 1.61 times b. Quick ratio 0.41 times 0.50 times Cash ratio 0.10 times 0.19 times d. NWC ratio 7.75 % 10.20% times times e. Debt-equity ratio Equity multiplier times times f. Total debt ratio times times Long-term debt ratio times times