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Saved Just Dewit Corporation reports the following balance sheet information for 2017 and 2018 Assets 2017 2018 ed JUST DEW IT CORPORATION 2017 and 2018

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Saved Just Dewit Corporation reports the following balance sheet information for 2017 and 2018 Assets 2017 2018 ed JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 17,775 Accounts payable $ 46.875 16,425 Notes payable 19,125 56,925 Current assets Cash Accounts receivable Inventory $ 12,000 12,750 50,250 $ 55,575 24,750 neos Total $ 75,000 $ 91,125 $ 66,000 $ 80,325 $ 30,000 $ 27,000 Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings $ 45,000 234,000 $ 45,000 297,675 Net plant and equipment $300,000 $358,875 Total $279,000 $ 342,675 Total assets $375,000 $450,000 Total liabilities and owners equity $375,000 $450,000 Savo 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.) d ces 2017 2018 times times times times times % times % a. Current ratio b. Quick ratio Cash ratio d. NWC ratio e. Debt-equity ratio Equity multiplier 1. Total debt ratio Long-term debt ratio times times times times times times times times

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