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

JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets
Assets									Liabilities and Owners Equity
	2017				2018					2017				2018
Current assets									Current liabilities
Cash	$	4,000			$	11,280			Accounts payable	$	39,040			$	48,720
Accounts receivable		14,880				20,400			Notes payable		12,960				17,280
Inventory		61,920				90,480
Total	$	80,800			$	122,160			Total	$	52,000			$	66,000
									Long-term debt	$	48,000			$	36,000
									Owners equity
									Common stock and paid-in surplus	$	60,000			$	60,000
									Retained earnings		160,000				318,000
Net plant and equipment	$	239,200			$	357,840			Total	$	220,000			$	378,000
Total assets	$	320,000			$	480,000			Total liabilities and owners equity	$	320,000			$	480,000

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. 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.)
f.	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.)

20172018a.Current ratio1.00selected answer incorrecttimes1.00selected answer incorrecttimesb.Quick ratio0.64selected answer incorrecttimesnot attemptedtimescCash ratio0.19selected answer incorrecttimesnot attemptedtimesd.NWC ratio6.81selected answer incorrect%not attempted%e.Debt-equity ratio0.32selected answer incorrecttimesnot attemptedtimesEquity multiplier1.32selected answer incorrecttimesnot attemptedtimesf.Total debt ratio0.25selected answer incorrecttimesnot attemptedtimesLong-term debt ratio0.11selected answer incorrecttimesnot attemptedtimes