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Just Dew It Corporation reports the following balance sheet Information for 2017 and 2018. $ 123,000 $ 110,500 JUST DEW IT CORPORATION 2017 and 2018

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Just Dew It Corporation reports the following balance sheet Information for 2017 and 2018. $ 123,000 $ 110,500 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 10,150 $ 10,350 Accounts payable $ 74,500 $ 61,250 Accounts receivable 27,100 27,250 Notes payable 48,500 49,250 Inventory 62,900 63,500 Total $ 59,400 Total $ 100,150 $ 101,100 Long-term debt $ 64,900 Owners' equity Common stock and paid-in $ 80,000 $ 80,000 surplus Retained earnings 171,750 192,700 Fixed assets $ 334,000 $ 251,750 Net plant and $ 272,700 $ 347,000 Total equipment Total liabilities and $ 434,150 $ 448,100 Total assets owners' equity $ 434,150 $448.100 Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2017 a. Current ratio Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2017, a. Current ratio b. Quick ratio c. Cash ratio d. NWC to total assets ratio e. Debt-equity ratio and equity multiplier f. Total debt ratio and long-term debt ratio Based on the balance sheets given for Just Dew It, calculate the following financial ratlos for the year 2018. a. Current ratio b. Quick ratio b. Quick ratio c. Cash ratio d. NWC to total assets ratio d. NWC to total assets ratio e. Debt-equity ratio and equity multiplier f. Total debt ratio and long-term debt ratio e. Debt-equity ratio and equity multiplier f. Total debt ratio and long-term debt ratio

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