Question: please help Problem 3-17 Calculating Financial Ratios (LO2) Just Dew It Corporation reports the following balance sheet information for 2020 and 2021 JUST DEW IT

please help  please help Problem 3-17 Calculating Financial Ratios (LO2) Just Dew It
Corporation reports the following balance sheet information for 2020 and 2021 JUST

Problem 3-17 Calculating Financial Ratios (LO2) Just Dew It Corporation reports the following balance sheet information for 2020 and 2021 JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets Assets 2020 2021 Liabilities and Owners' Equity Current assets Current liabilities Cash $6,600 $ 12,750 Accounts payable Accounts receivable 12,200 14,250 Notes payable Inventory 78,200 95,250 2020 2021 $50,000 $ 68,750 19,000 35,500 Total $ 97,000 $ 122,250 Total $ 69,000 $ 104,250 Long-term debt $ 48,000 $ 45,000 Owners' equity Common stock and paid-in surplus $50,000 $ 50,000 Retained earnings 233,000 300,750 Net plant and equipment 303,000 $ 377,750 Total 283,000 350,750 Total assets $ 400,000 500,000 Total liabilities and owners' equity $ 400,000 500,000 Based on the balance sheets given for Just Dew It: a. Calculate the current ratio for each year. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate the quick ratio for each year. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) C. Calculate the cash ratio for each year. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) d. Calculate the NWC to total assets ratio for each year. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) e. Calculate the debt-equity ratio and equity multiplier for each year. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) f. Calculate the total debt ratio and long-term debt ratio for each year. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) 2020 times times times % 2021 times times times % 3 a. Current ratio b. Quick ratio c. Cash ratio d. NWC ratio e. Debt-equity ratio e. Equity multiplier f. Total debt ratio f. Long-term debt ratio times times times times times times times times

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