Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. Assets 2017 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 13,200 Accounts payable $ 46,000 38,640 Notes payable 27,800 87,120 Current assets Cash Accounts receivable Inventory $ 62,160 $ 10,200 30,200 74,600 33,120 Total $ 115,000 $ 138,960 Total $ 73,800 $ 95,280 Long-term debt $ 40,000 $ 36,000 Owners' equity Common stock and paid-in surplus Retained earnings $ 60,000 $ 60,000 288,720 226,200 Net plant and equipment $285,000 $ 341,040 Total $286,200 $ 348,720 Total assets $400,000 $480,000 Total liabilities and owners' equity $400,000 $480,000 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. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) 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.) f. 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.) 2017 2018 a. Current ratio times times b. Quick ratio times times C Cash ratio times times d. NWC ratio % % times times e. Debt-equity ratio Equity multiplier times times f. Total debt ratio times times Long-term debt ratio times times