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XYZ, LLC reports the following balance sheet information for 2018 and 2019. XYZ, LLC Balance Sheets as of December 31, 2018 and 2019 2018 2019

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XYZ, LLC reports the following balance sheet information for 2018 and 2019. XYZ, LLC Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 42,646 $54,402 Accounts payable $ 191,422 $ 199,111 Accounts receivable 60,781 81,139 Notes payable 86,520 138,088 Inventory 127,265 193,375 Total $ 277,942 $ 337199 Total $230,692 $ 328,916 $240,000 $ 176,750 Long-term debt Owners' equity Common stock and paid-in Surplus Accumulated retained earnings $ 215,000 $ 215,000 155,597 189,495 Fixed assets Net plant and equipment $ 657,847 $589,528 Total $ 370,597 $404,495 Total assets $888,539 $ 918,444 Total liabilities and owners equity $888,539 $ 918,444 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 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 2018 Total debt ratio 2019 Total debt ratio times times times times times times times

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