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. 
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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