8 points eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 3 Problem 3-17 Calculating Financial Ratios [LO2] Just Dew It Corporation reports the following balance sheet information for 2023 and 2024. JUST DEW IT CORPORATION 2023 and 2024 Balance Sheets Assets 2023 2024 Liabilities and Owners' Equity 2023 2024 Current assets Current liabilities Cash $ 14,200 $ 18,260 Accounts payable $ 58,400 $ 61,820 Accounts receivable 19,000 23,100 Notes payable 23,400 25,080 Inventory 51,800 54,780 Total $ 85,000 $ 96,140 Total $ 81,800 $ 86,900 Long-term debt $ 32,000 $ 22,000 Owners' equity Common stock and paid-in surplus $ 44,000 $ 44,000 Retained earnings 242,200 287,100 Net plant and equipment $ 315,000 $ 343,860 Total $ 286,200 $ 331,100 Total assets $ 400,000 $ 440,000 Total liabilities and owners' equity $ 400,000 $ 440,000Calculate the NWC to total assets ratio for each year. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Calculate the debt-equity ratio and equity multiplier for each year. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16