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

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Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 Assets 2017 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 10,600 Accounts payable $ 34,500 28,800 Notes payable 21,150 72,200 Current assets Cash Accounts receivable Inventory Total 2018 $ 7050 25,050 55,650 $ 40,600 21,800 $ 87,750 $ 111,600 Total $ 55,650 $ 62.400 $ 33,000 Long-term debt $ 36,000 Owners' equity Common stock and paid-in $ 48,000 surplus Retained earnings 160,350 $ 48,000 256,600 Net plant and equipment $ 212,250 $288.400 Total $208,350 $304,600 Total assets $300,000 $400,000 Total liabilities and owners' equity $300,000 $400,000 Prepare the 2017 and 2018 common-size balance sheets for Just Dew it. (Do not round Intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) If Roten Rooters, Inc., has an equity multiplier of 1.31, total asset turnover of 1.30, and a profit margin of 10.50 percent. What is its ROE? Multiple Choice -4.23% 19.67% 17.88% 17.17% 16.09% SME Company has a debt-equity ratio of 70. Return on assets is 9.40 percent, and total equity is $524,000. a. What is the equity multiplier? b. What is the return on equity? c. What is the net income

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