Business, 22.09.2020 14:01, alejandr1872913

Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities $ 9,000$11,250 24,750 93,750 103,000 $129,750 Cash Accounts Accounts payable Notes payable 70,000 $ 73,250 31,000 17,000 23,800 receivable Inventory 77000 $ 93,800 104,250 Total Long-term debt Owners' equity Total 42,000 40,000 Common stock and paid-in $ 50,000 50,000 surplus Retained earnings Total Total liabilities and owners' 214,200 305,750 Net plant and equipment $297,000 $370,250 $264,200 355,750 Total assets $400,000 $500,000 $400,0o0 $500,000 equity 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.)

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Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 JUST DEW I...