Just DEW it Corporation reports the following balance sheet information for 2020 and 2021. JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets Asse1s 2020 2021 Liabilities and Owners' Equity 2020 2021 Current assets Current lia bilities Cash $ 6,560 $ 8,600 Accounts payable '5 51,840 $ 53,000 Accounts receivable 16,160 22,600 Notes payable 21,600 23,600 Inventory 61,280 74,600 Total $ 84,000 $105,800 Total $ 23,440 $ 76,600 Longterm debt 55 32,000 $ 30,000 Owners' equity Common stock and paidin surplus $ 40,000 $ 40,000 Retained earnings 174,560 253,400 Net plant and equipment 95 $ Total $ 214 560 $ 236,000 294,200 ' 293,400 $ $ $ $ Total assets Total liabilities and owners' equity 320,000 400,000 320,000 400,000 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 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.) 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.) 2020 2021 a. Current ratio times times b. Quick ratio times times c. Cash ratio times times d. NWC ratio % e. Debt-equity ratio times times e. Equity multiplier times times f. Total debt ratio times times f. Long-term debt ratio times times