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ter 3 assessment * Saved Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. 2017 JUST DEW IT CORPORATION 2017

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ter 3 assessment * Saved Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. 2017 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2018 2017 2018 Current assets Current liabilities Cash $ 10,750 $ 10,900 Accounts payable $ 71,250 $ 60,500 Accounts receivable 27,050 27.000 Notes payable 48,500 50.000 Inventory 62,500 63,800 Total $ 119,750 $ 110,500 Total $100,300 $ 101,700 Long term debt $ 59,000 $ 64,300 Owners' equity Common stock and paid in $ 81,000 S 81.000 surplus Fixed assets Retained earnings 170,550 190,900 Net plant and equipment Total Total assets $430,300 446 700 - Total liabilities and w owners' equity $ 330,000$ 345,000 $ 251,550 $ 271,900 $430,300-5 446,700 Based on the balance sheets given for Just Dew it calculate the following financial ratios for the year 2017 0. Current ratio b. Quick ratio c. Cash ratio d. NWC to total assets ratio e. Debt-equity ratio and equity multiplier f. Total debt ratio and long-term debt ratio Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2018 0. Current ratio b. Quick ratio c. Cash ratio - d. NWC to total assets ratio 5 = e. Debt-equity ratio and equity multiplier f. Total debt ratio and long-term debt ratio

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