Problem 3-17 Calculating Financial Ratlos [LO2] Just Dew Corporation reports the following balance sheet information for 2017 and Assets 2017 Current assets Cash Accounts receivable Inventory $ 14.200 19.000 51,800 2018 $ 61820 25,080 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 19.260 Accounts payable $ 58,400 23.100 Notes payable 23.400 54.780 $ 96,140 Total $ 81,800 Long-term debt $ 32,000 Owners' equity Common stock and paid.in $44000 surplus Retained earnings 242.200 Total $ 85,000 $ 86,900 $ 22000 $ 44,000 287100 Net plant and equipment $ 315,000 $343,860 Totat $286,200 $ 33000 $400,000 $440,000 Total abilities and owners Total $400,000 $440,000 Based on the balance sheets given for Just Dew it: 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.) Calculate the cash ratio for each year. (Do not round Intermediate calculations and round your answers to 2 decimal places, e... 32.16.) d Calculate the NWC to total assets ratio for each year. (Do not round Intermediate calculations entrounded to 2 decimal places, eg.. 32.16.) 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) 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) 1. Cur