For 2017 and 2018 what is the current ratio, quick ratio, cash ratio, nwc to total assets ratio, debt-equity ratio and equity multiplie, total debt ratio and log term debt ratio

Transcribed Image Text:

Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets 2017 2018 Liabilities and Owners' Equity 2017 2018 Current assets Cash Current liabilities $ 10,200 $ 73,500 $10,100 Accounts payable $ 63,000 Accounts receivable Inventory 27.750 63.000 28.150 Notes payable 47,500 49.250 63.700 Total $121,000 $112.250 $100.950- $ 55,800 Total $101,950 Long-term debt $ 63.900 Owners' equity Common stock and paid-in $ 85,000 $ 85,000 surplus Fixed assets Retained earnings Net plant and 170,150 $255,150 183.800 $331,000 $343.000 Total $268,800 equipment Total assets $ 431,950 $444,950 Total liabilities and owners' equity $ 431,950- $444,950 Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2017. a. Current ratio b. Quick ratio Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets 2017 2018 Liabilities and Owners' Equity 2017 2018 Current assets Cash Current liabilities $ 10,200 $ 73,500 $10,100 Accounts payable $ 63,000 Accounts receivable Inventory 27.750 63.000 28.150 Notes payable 47,500 49.250 63.700 Total $121,000 $112.250 $100.950- $ 55,800 Total $101,950 Long-term debt $ 63.900 Owners' equity Common stock and paid-in $ 85,000 $ 85,000 surplus Fixed assets Retained earnings Net plant and 170,150 $255,150 183.800 $331,000 $343.000 Total $268,800 equipment Total assets $ 431,950 $444,950 Total liabilities and owners' equity $ 431,950- $444,950 Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2017. a. Current ratio b. Quick ratio