Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 Assets Current assets Cash Accounts receivable Inventory Total JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets 2017 2018 Liabilities and Owners' Equity 2017 2018 Current liabilities $ 10,700 $ 10,400 Accounts payable $ 74,750 $ 61,250 28,050 27,100 Notes payable 49,000 47,000 $ 63,600 64,700 Total $ 123,750 108,250 $ $ 102,350 102,200 Long-term debt $ 62,100 $ 64,300 Owners' equity Common stock and paid-in surplus $ 86,000 $ 86,000 Retained earnings 170,500 191,650 $ $ $ Total 340,000 348,000 256,500 277,650 $ $ $ Total liabilities and owners' equity 442,350 450,200 442,350 450,200 Fixed assets Net plant and equipment Total assets Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the vear 2017 a. Current ratio Current ratio 0.83 0.95 0.9 0.76 b. Quick ratio Quick ratio Cash ratio 0.09 0.11 0.10 0.07 d. NWC to total assets ratio NWC ratio -4.84% -5.57% -52 20 -4.45% 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