Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. Assets Current assets Cash Accounts receivable Inventory Total Net plant and equipment Total assets 2020 $12,000 $17,775 12,750 16,425 50,250 56,925 $75,000 $91,125 $ 300,000 JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets 2021 Liabilities and Owners' Equity Current liabilities $375,000 Accounts payable Notes payable $ 450,000 Total $ 358,875 Total Total liabilities and owners' equity Long-term debt Owners' equity Common stock and paid-in surplus $ 45,000 $45,000 Retained earnings 234,000 297,675 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.) 2020 2021 $46,875 $55,575 19,125 24,750 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.) 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.) f. $ 66,000 $80,325 $ 30,000 $27,000 $ 279,000 $375,000 342,675 450,000 a. Current ratio b. Quick ratio c. Cash ratio d. NWC ratio e. Debt-equity ratio e. Equity multiplier f. Total debt ratio f. Long-term debt ratio Answer is not complete. 2020 1.14 times 0.38 times 0.18 times 0.02 % 0.26 times 1.34 times times 0.08 times 2021 1.13 0.43 0.22 0.02 0.24 1.31 1.00 0.06 times times times % times times times times