Question: Based on the balance sheets given for Just Dew It, calculate the following financial ratios for each year: Current ratio, quick ratio, cash ratio. NWC

Based on the balance sheets given for Just Dew It, calculate the following financial ratios for each year:

Current ratio, quick ratio, cash ratio. NWC to total assets ratio, Debt-equity ratio and equity multiplier, total debt ratio and long-tern ratio. Based on the balance sheets given for Just Dew It, calculate the

ns 13 ullbugh I7. JUST DEW IT CORPORATION 2014 and 2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2015 20142015 Current assets Current liabilities Cash $11,135 13,407Accounts payable 45,166 48,185 Accounts receivable 28,419 30,915 Notes payable 17,773 1825 17,773 18,257 $ 62,939 $ 66,442 Inventory Total 51,163 56,295 $ 90,717 $100,617 Total Long-term debt4 Owners' equity $44,000 39,000 Common stock and paid-in surplus 50,000 $ 50,000 Retained earnings 260,234 302,735 $310,234 $352,735 Net plant and equipment $326,456 $357,560 Total Total liabilities and $417.173 $458,177 owners' equty $417,173 $458,177 Total assets

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