Question: Problem 3 - 1 7 Calculating Financlal Ratlos [ LO 2 ] Just Dew It Corporation reports the following balance sheet information for 2 0
Problem Calculating Financlal Ratlos LO
Just Dew It Corporation reports the following balance sheet information for and
Based on the balance sheets given for Just Dewit:
a Calculate the current ratio for each year:
Note: Do no: round Intermedlate calculations and round your answers to declmal places, eg
b Calculate the quick ratio for each year.
Note: Do not round Intermedlete calculatlons and round your answers to declmal places, eg
c Calculate the cash ratio for each year.
Note: Do not round litermedlete calculatlons and round your answers to declmal places, eg
d Calculate the NWC to total assets ratio for each year.
Note: Do not round Intermedlote calculatlons end enter your onswers os a percent rounded to declmol places, e g
e Calculate the debtequity ratio and equity multiplier for each year.
Note: Do not round Intermedlate coleulatlons and round your answersto decimal places, eg
Calculate the total debt ratio and longterm debt ratio for each year.
Note: Do not round Intermedlate colculatlons end round your answers to decimol places,
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