Question: answer the question based on this balance sheet Paragraph Styles Financial Analysis - W JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities

answer the question based on this balance sheet answer the question based on this balance sheet Paragraph Styles Financial Analysis

Paragraph Styles Financial Analysis - W JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2012 2018 2018 Current assets Current liabilities Cash $ 12.157 $ 14,105 Accounts payable $ 46,382 $ 49,276 Accounts receivable 29.382 32,815 Notes payable 18,246 19.784 Inventory 54,632 57 204 Total $ 64,628 $ 69,060 Total $ 96,171 $104,124 Long-term debt $ 49.000 $ 45.000 Owners equity Common stock and paid in surplus $ 50,000 $ 50,000 Retained earnings 299.784 315,894 Net plant and equipment $367241 $375.830 Total $349.784 $365,894 Total liabilities and Total assets $463,412 $479,954 owners' equity $463,412 $479,954 Calculate the following financial ratios for 2017 and 2018 and comment: a. Current ratio b. Cash ratio c. Total debt ratio

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