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 $ 17,631 $14,588 35,258 41,019 65,567 71,505 $115,413 $130,155 $ 592,826 Accounts payable Notes payable Total Net plant and equipment $477,413 $498,421 Total $628,576 Total liabilities and owners' equity 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.) 2020 Long-term debt Owners' equity Common stock and paid-in surplus $60,000 $60,000 Retained earnings 397,278 418,179 $ 457,278 $ 478,179 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.) 2021 $ 55,653 $63,073 21,895 25,324 $77,548 $88,397 $ 58,000 $62,000 $ $ 592,826 628,576

Just Dew it Corporation reports the following balance sheet information for 2020 and 2021. 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.9., 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.) \begin{tabular}{|l|l|l|l|l|} \hline & \multicolumn{2}{|c|}{2020} & \multicolumn{2}{c|}{2021} \\ \hline a. Current ratio & & times & & times \\ \hline b. Quick ratio & & times & & times \\ \hline c. Cash ratio & & times & & times \\ \hline d. NWC ratio & & % & % \\ \hline e. Debt-equity ratio & & times & times \\ \hline e. Equity multiplier & & times & times \\ \hline f. Total debt ratio & & times & times \\ \hline f. Long-term debt ratio & & times & times \\ \hline \end{tabular}