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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

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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 2018 Liabilities and Owners' Equity 2017 2018 Current assets Current liabilities Cash $ 10,050 $ 10,300 Accounts payable $ 74,750 $ 58,500 Accounts receivable 27,300 28,950 Notes payable 49,000 50,000 Inventory 64,900 64,000 Total $ 123,750 108,500 $ Total $ 102,250 103,250 Long-term debt $ 64,400 $63,200 Owners' equity Common stock and paid-in surplus $ 84,000 $ 84,000 Fixed assets Retained earnings 166,100 190,550 $ $ $ Net plant and equipment 336,000 343,000 Total 250,100 274,550 $ Total assets 438,250 446,250 Total liabilities and owners' equity 438,250 446,250 Based on the balance sheets given for Just Dew lt, calculate the following financial ratios for the year 2017 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 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

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