Saved - 3 - Financial Ratios 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 Current assets Current liabilities Cash $ 12,157 $ 14,105 Accounts payable $ 46,382 Accounts 29,382 32,815 Notes payable 18,246 receivable Inventory 54,632 57,204 2018 $ 49,276 19,784 pod Total $ 96,171 $ 104,124 Total $ 64,628 $ 69,060 bok Long-term debt $ 49,000 $ 45,000 int Owners' equity Common stock and paid-in surplus Retained earnings $ 50,000 299,784 $ 50,000 315,894 Fences Net plant and equipment $367,241 $375,830 Total $349,784 $365,894 Total assets $463,412 $479,954 Total liabilities and owners' equity $ 463,412 $ 479,954 Prepare the 2018 common-base year balance sheet for Just Dew it. (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.) 2017 2018 $ Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment 12,157 s 29.382 54,632 96,171 $ 14,105 32,815 57,204 104,124 $ $ 367,241 $ 375,830 w Saved - 3 - Financial Ratios 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 Current assets Current liabilities Cash $ 12,157 $ 14,105 Accounts payable $ 46,382 Accounts 29,382 32,815 Notes payable 18,246 receivable Inventory 54,632 57,204 2018 $ 49,276 19,784 pod Total $ 96,171 $ 104,124 Total $ 64,628 $ 69,060 bok Long-term debt $ 49,000 $ 45,000 int Owners' equity Common stock and paid-in surplus Retained earnings $ 50,000 299,784 $ 50,000 315,894 Fences Net plant and equipment $367,241 $375,830 Total $349,784 $365,894 Total assets $463,412 $479,954 Total liabilities and owners' equity $ 463,412 $ 479,954 Prepare the 2018 common-base year balance sheet for Just Dew it. (Do not round intermediate calculations and round your answers to 4 decimal places, e.g., 32.1616.) 2017 2018 $ Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment 12,157 s 29.382 54,632 96,171 $ 14,105 32,815 57,204 104,124 $ $ 367,241 $ 375,830 w
