Question: For 2017 please find: current ratio quick ratio cash ratio NWC to total assets ratio debt equity ratio and equity multiplier total debt ratio and
Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 10,500 $ 10,450 $ 73,750 Accounts payable $ 63,750 Accounts receivable 28,250 28,600 Notes payable 50,000 49,750 Inventory $123750 64,300 63,500 Total $ 113,500 $ 103,050 $ 102,550 $ 63,600 Total Long-term debt $ 64,600 Owners' equity Common stock and paid in $ 80,000 $ 80.000 surplus Fixed assets Retained earnings 163,700 191.450 Net plant and $ 328.000 $ 243,700 $ 347.000 Total $ 271.450 equipment Total liabilities and $ 431,050 Total assets $ 431050 $ 449,550 $ 449.550 owners' equity
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