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Please use the financial statements for the following three questions: a. Calculate JWs CCE, Cash Ratio, DCH, and NLB b. Interpret the 2-year trend in

Please use the financial statements for the following three questions:

a. Calculate JWs CCE, Cash Ratio, DCH, and NLB

b. Interpret the 2-year trend in the measures.

c. How would you describe JWs liquidity position?

2020 2019
Sales $5,700 $5,150
CGS ($4,560) ($4,000)
Gross Profit $1,140 $1,150
Operating Expenses ($500) ($420)
Depreciation ($27) ($26)
EBIT $613 $704
Interest Expense ($35) ($30)
EBT $578 $674
Taxes ($231.20) ($145.60)
NI $346.80 $528.40
Dividends $- $-
RE $346.80 $528.40
JW, Inc.: Balance Sheet
2020 2019
Cash and Equivalents $614.80 $120
Accounts Receivable $500 $510
Inventory $300 $340
Total Current Assets $1,414.80 $970
Fixed Assets $660 $800
Accumulated Depreciation ($227) ($200)
Net Fixed Assets $433 $600
Total Assets $1,847.80 $1,570
Accounts Payable $320 $300
Short-Term Notes Payable $40 $60
Accurals $11 $10
Total Current Liabilities $371 $370
Long-Term Debt $680 $750
Total Liabilities $1,051 $1,120
Common Stock $120 $120
Retained Earnings $676.80 $330
Total Shareholders' Equity $796.80 $450
Liabilities and Shareholders' Equity $1,847.80 $1,570

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