Just Dew It Corporation reports the following balance sheet information for 2017 and 2018.

Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2017 assuming sales of $500,000 in 2017.

A. Current ratio

B. Quick ratio

C. Total debt ratio

D. Total asset turnover (TAT) ratio

E. Days Outstanding (DSO)

2018 2017 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets 2017 Current assets Cash $ 10,450 Accounts receivable 27,800 Inventory 63,200 Total $ 101,450 $10,000 28,750 63,100 $ 101,850 $ 70,750 49,500 $ 120,250 $ 63,000 48,000 $ 111,000 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity $ 64,900 $ 62,700 $ 90,000 144,300 $ 90,000 182,150 Fixed assets Net plant and equipment $318,000 $ 419,450 Total assets $ 344,000 $ 445,850 $ 234,300 $ 272,150 $ 419,450 $445,850