Just Dew It Corporation reports the following balance sheet information for 2020 and 2021 JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Assets 2020 Current assets Cash $ 4,000 Accounts receivable Inventory $11,280 14,880 20,400 61,920 90,480 Total $ 80,800 $122,160 Total Long-term debt Owners' equity 2020 2021 $ 39,040 $48,720 12,960 17,280 $ 52.000 $ 66,000 $ 48,000 $36,000 Common stock and paid-in surplus $60,000 $60,000 Retained earnings 160,000 318,000 $ $ Net plant and equipment $357,840 Total: 239,200 220,000 378,000 Total assets $ 320,000 $ $ Total liabilities and owners' equity 480,000 320,000 480,000 Based on the balance sheets given for Just Dew It 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.) 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.) f. 2020 2021 a. Current ratio times times b. Quick ratio c. Cash ratio times times times times d. NWC ratio % % e. Debt-equity ratio times times e. Equity multiplier times times f. Total debt ratio times times f. Long-term debt ratio times times