undefined

2018 2019 Assets Current assets Cash Accounts receivable Inventory Balance Sheets as of December 31, 2018 and 2019 2018 2019 Liabilities and Owners' Equity Current liabilities $ 26,530 $ 34,778 Accounts payable 57,781 78,139 Notes payable 201,260 134,324 $ 194,422 $ 202,111 89,520 141,088 Total $283,942 $ 343,199 Total $ 218,635 $ 314,177 $246,000 $ 182,750 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $209,000 $209,000 136,940 168,456 Fixed assets Net plant and equipment $ 657,247 $589,228 Total $345,940 $ 377,456 Total assets $875,882 $ $903,405 Total liabilities and owners' equity $ 875,882 $903,405 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.) a. 2018 current ratio 2019 current ratio b. 2018 Quick ratio 2019 Quick ratio c. 2018 Cash ratio 2019 Cash ratio d. 2018 Debt-equity ratio 2018 Equity multiplier 2019 Debt-equity ratio 2019 Equity multiplier e 2018 Total debt ratio 2019 Total debt ratio times times times times times times times times times times times times