2017 2018 times times times % a. Current ratio b. Quick ratio Cash ratio d. NWC ratio e. Debt-equity ratio Equity multiplier f. Total debt ratio Long-term debt ratio times times times % times times times times times times times times Assets 2017 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities $ 11,970 Accounts payable $ 43,750 26,670 Notes payable 24,325 51,450 $ 11,025 Current assets Cash Accounts receivable Inventory $ 47,250 22,225 24,780 44,625 Total $ 77,875 $ 90,090 Total $ 68,075 $ 72,030 $ 35,000 $ 21,000 Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings $ 42,000 $ 42,000 204,925 284,970 Net plant and equipment $ 272,125 $ 329,910 Total $246,925 $326,970 Total assets $350,000 $420,000 Total liabilities and owners' equity $350,000 $420,000 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.)