Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. Assets 2017 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets 2018 Current assets Liabilities and Owners' Equity Current liabilities 2017 2018 Cash $ 10,750 Accounts receivable 27,050 Inventory 62,500 $10,900 27,000 63,800 Accounts payable Notes payable $71,250 $ 60,500 48,500 50,000 Total $ 119,750 $110,500 $ Total $101,700 Long-term debt $ 59,000 $64,300 100,300 Owners' equity Fixed assets Common stock and paid-in surplus $ 81,000 Retained earnings $ 81,000 170,550 190,900 $ $ $ $ Net plant and equipment Total 330,000 345,000 251,550 271,900 $ $ $ $ Total assets Total liabilities and owners' equity 430,300 446,700 430,300 446,700 Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2017. a. Current ratio Current ratio 0.84 b. Quick ratio Quick ratio 0.32 c. Cash ratio Cash ratio 0.09 d. NWC to total assets ratio NWC ratio -5.2% e. Debt-equity ratio and equity multiplier Debt-equity ratio and Equity multiplier f. Total debt ratio and long-term debt ratio 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 Current ratio b. Quick ratio Quick ratio c. Cash ratio Cash ratio d. NWC to total assets ratio NWC ratio e. Debt-equity ratio and equity multiplier Debt-equity ratio and Equity multiplier f. Total debt ratio and long-term debt ratio Total debt ratio and Long-term debt ratio