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Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities

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Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 70,250 Cash $ 10,150 $ 10,300 Accounts payable $ 61,250 Accounts receivable 27700 28,950 Notes payable 47,250 46,750 $ 117,500 Inventory 62,300 64,800 Total $ 108,000 $ 59,900 Total $ 100,150 $ 104,050 Long-term debt $ 63,900 Owners' equity Common stock and paid-in $ 89,000 $ 89,000 surplus Fixed assets Retained earnings 158,750 185.150 Net plant and $325,000 $ 247,750 $ 342,000 Total $ 274,150 equipment Total liabilities and $ 425,150 Total assets $ 425,150 $ 446,050 $ 446,050 owners' equity 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 b. Quick ratio 2 c. Cash ratio d. NWC to total assets ratio e. Debt-equity ratio and equity multiplier 1 Total debt ratio and long-term debt to Based on the balance sheets given for Just Dew it calculate the following financial ratios for the year 2018 6. Current ratio b. Quick ratio c. Cash ratio d. NWC to total assets ratio .. Debt equity ratio and equity multiplier f. Total debt ratio and long-term debt ratio

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