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 Accounts payable Cash Accounts receivable Inventory Total $ 10,450 27,800 63,200 S 101,450 $ 63,000 48,000 S 111,000 S 62,700 S 10,000 $ 70,750 49,500 120,250 $ 64,900 28,750 Notes payable 63,100 Total Long-term debt Owners' equity S101,850 $ 90,000 Common stock and paid-in surplus Retained earnings S 90,000 144,300 182,150 Fixed assets Net plant and equipment Total assets S 318,000 344,000 Total S 234,300 $ 419,450 S 272,150 S 419 450 445,850 Total liabilities and owners' equity $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) v (b) Quick ratio (Click to select) (c) Cash ratio (Click to select) (d) NWC to total assets ratio (Click to select) v (e) Debt-equity ratio and equity multiplier (Click to select) v Total debt ratio and Long-term debt ratio (Click to select) v (f)