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Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 ook $ 73,750 $ 63,750 rences JUST DEW IT CORPORATION 2017

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Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 ook $ 73,750 $ 63,750 rences JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 10,500 $10.450 Cash Accounts payable 28,250 Accounts receivable 28,600 Notes payable 50,000 49,750 $ 123,750 $ 113,500 Inventory 64,300 63,500 Total $ 103,050 $ 102,550 $ 63,600 $ 64,600 Total Long-term debt Owners' equity Common stock and paid-in $ 80,000 $ 80,000 surplus Fixed assets Retained earnings 163,700 191,450 Net plant and $328,000 $ 347,000 $ 243,700 $ 271,450 Total equipment $ 431,050 $ 449,550 Total assets $ 431,050 Total liabilities and $ 449,550 owners' equity Based on the balance sheets given for Just Dew it, calculate the following financial ratios for the year 2017 Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2017 a. Current ratio ces 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 Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2018. 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

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