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Statesboro Company reports the following balance sheet information for 2018 and 2019. 2018 2019 STATESBORO COMPANY Balance Sheets as of December 31, 2018 and 2019

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Statesboro Company reports the following balance sheet information for 2018 and 2019. 2018 2019 STATESBORO COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 40,010 $ 51,181 Accounts payable Accounts receivable 60,281 80,639 Notes payable Inventory $ 191,922 87,020 $ 199,611 138,588 128,441 194,689 Total $278,942 $ 338,199 Total $228,732 $326,509 $ 241,000 $ 177,750 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 214,000 $ 214,000 152,537 186,038 Fixed assets Net plant and equipment $ 657,747 $589,478 Total $366,537 $400,038 C170 9 15,987 Total assets Total liabilities and owners' equity $886,479 $ 915,987 Calculate the following financial ratios for each year: a. Current ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Quick ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Cash ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) d. Debt-equity ratio and equity multiplier. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) e. Total debt ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) times times times times times times 2018 current ratio 2019 current ratio 2018 Quick ratio 2019 Quick ratio 2018 Cash ratio 2019 Cash ratio 2018 Debt-equity ratio 2018 Equity multiplier 2019 Debt-equity ratio 2019 Equity multiplier 2018 Total debt ratio 2019 Total debt ratio times times times times times times

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