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 Cash Accounts $ 12,157$14,105 $ 46,382 Accounts payable Notes payable $ 49,276 19,784 29,382 54,632 32,815 57,204 18,246 receivable Inventory Total $ 96,171 104,124 $64,628 $ 69,060 Total Long-term debt Owners' equity $ 49,000 45,000 Common stock and paid-in 50,000 $50,000 315,894 surplus Retained earnings 299,784 Net plant and equipment $367,241 $375,830 Total $349,784 $365,894 Total liabilities and owners equity Total assets $463,412 $479,954 463,412 $479,954
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 and enter your answers as a percent 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.)