Problem 3-1 Calculating Liquidity Ratios (LO2) SDJ, Inc., has net working capital of $2,930, current liabilities of $4,070, and inventory of $3.770 a. What is the current ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g.. 32.16.) b. What is the quick ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) a. Current ratio times times b. Quick ratio Problem 3-17 Calculating Financial Ratios (L02] Just Dew It Corporation reports the following balance sheet information for 2017 and 2018 Assets 2017 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities 9,800 Accounts payable $ 48,000 14,200 Notes payable 10.350 75,800 $ Current assets Cash Accounts receivable Inventory $ 4.350 11,550 58,350 $ 49,800 18,600 Total $ 74,250 $ 99,800 Total $ 58,350 $ 68,400 Long-term debt $ 42.000 $ 34,000