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Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. Assets Current assets Cash Accounts receivable Inventory Total 2020 Total assets

Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. Assets Current assets Cash Accounts receivable Inventory Total 2020 Total assets JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities $14,588 35,258 65,567 $115,413 $130,155 $ 17,631 41,019 71,505 Net plant and equipment $477,413 $ 498,421 $ 592,826 $ 628,576 Based on the balance sheets given for Just Dew It Accounts payable Notes payable Total Total 2020 Total liabilities and owners' equity 2021 $ 55,653 $63,073 21,895 25,324 Long-term debt Owners' equity Common stock and paid-in surplus $ 60,000 $60,000 397,278 418,179 Retained earnings $457,278 $478,179 $77,548 $88,397 $ 58,000 $62,000 $ $ 592,826 628,576
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Just Dew It Corporation reports the following balance sheet information for 2020 and 2nxi Based on the barance sneets yiven in Based on the balance sheets given for Just Dew it: a. Calculate the current ratio for each year. (Do not round Intermedlate calculations and round your answers to 2 decimal pleces, e.9., 32.16.) b. Calculate the quick ratio for each year. (Do not round Intermedlate calculations and round your answers to 2 declmal 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 onswers as a percent rounded to 2 decimal places, e.g., 32.16.) e. Calculate the debt-equity ratio and equity multipler for each year. (Do not round Intermedlate celculations and round your answers to 2 decimal ploces, e.g., 32.16.) 1. Calculate the total debt ratio and long-term debt ratio for each year. (Do not round intermedlate calculotlons and round your answers to 2 decimal places, e.g., 32.16.)

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