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Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets

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Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 Current assets Current liabilities Cash $ 10,200 $ 10,100 Accounts payable Accounts receivable 27,750 28,150 Notes payable 47,500 Inventory 63,000 63,700 Total $ 73,500 $ 63,000 49,250 $ 121.000 $ 112,250 Total $ 100,950 $ 101.950 $ 55,800 $ 63,900 Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings Total Total liabilities and owners' equity $ 85,000 170,150 85000 183,800 Fixed assets Net plant and equipment Total assets $ 331,000 $343,000 $ 431,950 $444.950 $ 255,150 $ 268.800 $ 431,950 $444,950 Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2017 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 Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2018 Current ratio b. Quick ratio e. Debt-equity ratio and equity multiplier f. Total debt ratio and long-term debt ratio

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