Question: Problem 3 - 1 7 Calculating Financial Ratios [ LO 2 ] Just Dew it Corporation reports the following balance sheet information for 2 0

Problem 3-17 Calculating Financial Ratios [LO2]
Just Dew it Corporation reports the following balance sheet information for 2023 and 2024.
Based on the balance sheets given for Just Dew It:
a. Calculate the current ratio for each year.
Note: 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.
Note: 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.
Note: 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.
Note: 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.
Note: 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.
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.
 Problem 3-17 Calculating Financial Ratios [LO2] Just Dew it Corporation reports

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