Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. Assets 2017 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 11,250 Accounts payable $ 70,000 24,750 Notes payable 23,800 93,750 Current assets Cash Accounts receivable Inventory $ 73,250 $ 9,000 17,000 77,000 31,000 Total $ 103,000 $ 129,750 Total $ 93,800 $ 104,250 Long-term debt $ 42,000 $ 40,000 Owners' equity Common stock and paid-in surplus Retained earnings $ 50,000 214,200 $ 50,000 305,750 Net plant and equipment $ 297,000 $ 370,250 Total $264,200 $ 355,750 Total assets $400,000 $500,000 Total liabilities and owners' equity $400,000 $500,000 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.) 2017 2018 a. Current ratio b. Quick ratio Cash ratio d. NWC ratio e. Debt-equity ratio Equity multiplier f. Total debt ratio Long-term debt ratio times times times % times times times times times times times % times times times times