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Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets 2020 2021

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Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets 2020 2021 Liabilities and Owners' Equity Current liabilities $ 8,850 $ 14,200 Accounts payable 15,750 23.000 Notes payable 34,650 52,200 2020 Assets Current assets Cash Accounts receivable Inventory 2021 $ 37,500 $ 46,600 11,850 19,400 Total $ 59,250 $ 89,400 Total $ 49,350 $ 66,000 Long-term debt $ 27,000 $ 24,000 Owners' equity Common stock and paid-in surplus $ 45,000 $ 45,000 Retained earnings 178,650 265.000 Net plant and equipment $ 240,750 $ 310,600 Total $ $ 223,650 310.000 Total assets 300.000 400.000 Total liabilities and owners' equity S 300.000 400.000 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 and 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.) 2021 times a. Current ratio 2020 times times times times b. Quick ratio c. Cash ratio d. NWC ratio e. Debt-equity ratio e. Equity multiplier f. Total debt ratio f. Long-term debt ratio % times times % times times times times times times times

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