Question: Problem 3 - 1 7 Calculating Financial Ratios [ LO 2 ] Just Dew it Corporation reports the following balance sheet information for 2 0
Problem Calculating Financial Ratios LO
Just Dew it Corporation reports the following balance sheet information for and
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 decimal places, eg
b Calculate the quick ratio for each year.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
c Calculate the cash ratio for each year.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
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 decimal places, eg
e Calculate the debtequity ratio and equity multiplier for each year.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
f Calculate the total debt ratio and longterm debt ratio for each year.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
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