Just Dew It Corporation reports the following balance sheet information for 2008 and 2009.

JUST DEW IT CORPORATION 2008 and 2009 Balance Sheets
Assets			Liabilities and Owners' Equity
	2008	2009		2008	2009
Current assets			Current liabilities
Cash	$ 10,450	$ 10,000	Accounts payable	$ 70,750	$ 63,000
Accounts receivable	27,800	28,750	Notes payable	49,500	48,000
Inventory	63,200	63,100	Total	$ 120,250	$ 111,000
Total	$ 101,450	$ 101,850	Long-term debt	$ 64,900	$ 62,700
			Owners' equity
			Common stock and paid-in surplus	$ 90,000	$ 90,000
Fixed assets			Retained earnings	144,300	182,150
Net plant and equipment	$ 318,000	$ 344,000	Total	$ 234,300	$ 272,150
Total assets	$ 419,450	$ 445,850	Total liabilities and owners' equity	$ 419,450	$ 445,850

Requirement 1:

Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2008.

(a)	Current ratio
	(Click to select)0.840.710.910.770.97

(b)	Quick ratio
	(Click to select)0.350.270.370.290.32

(c)	Cash ratio
	(Click to select)0.10.070.110.090.06

(d)	NWC to total assets ratio
	(Click to select)-3.81%-4.48%-4.12%-5.15%-4.84%

(e)	Debt-equity ratio and equity multiplier
	(Click to select)0.79 and 1.790.73 and 1.650.91 and 2.060.67 and 1.520.85 and 1.93

(f)	Total debt ratio and Long-term debt ratio
	(Click to select)0.4 and 0.190.37 and 0.150.44 and 0.220.48 and 0.250.51 and 0.29

Requirement 2:

Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2009.

(a)	Current ratio
	(Click to select)1.060.920.990.850.78

(b)	Quick ratio
	(Click to select)0.320.380.350.40.3

(c)	Cash ratio
	(Click to select)0.10.080.120.090.06

(d)	NWC to total assets ratio
	(Click to select)-2.01%-2.05%-2.09%-2.03%-2.07%

(e)	Debt-equity ratio and equity multiplier
	(Click to select)0.54 and 1.390.59 and 1.510.69 and 1.770.64 and 1.640.74 and 1.89

(f)	Total debt ratio and Long-term debt ratio
	(Click to select)0.36 and 0.160.39 and 0.190.33 and 0.130.45 and 0.250.42 and 0.22