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

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

JUST DEW IT CORPORATION
2017 and 2018 Balance Sheets
Assets 2017 2018 Liabilities and Owners' Equity 2017 2018
Current assets Current liabilities
Cash $ 10,250 $ 10,200 Accounts payable $ 74,500 $ 60,750
Accounts receivable 27,700 27,650 Notes payable 49,000 46,750
Inventory 64,800 64,300 Total $ 123,500 $ 107,500
Total $ 102,750 $ 102,150 Long-term debt $ 60,900 $ 62,200
Owners' equity
Common stock and paid-in surplus $ 86,000 $ 86,000
Fixed assets Retained earnings 147,350 190,450
Net plant and equipment $ 315,000 $ 344,000 Total $ 233,350 $ 276,450
Total assets $ 417,750 $ 446,150 Total liabilities and owners' equity $ 417,750 $ 446,150
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

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