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Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. 2020 2021 Assets Current assets Cash Accounts receivable Inventory JUST DEW IT CORPORATION 2020 and 2021 Balance Sheets 2020 2021 Liabilities and Owners' Equity Current liabilities $ 13,280 $ 14,600 Accounts payable 7,520 19,200 Notes payable 42,400 51,000 $ 40,000 $ 41,800 14,240 21,600 Total $ 63,200 $ 84,800 Total $ 54,240 $ 63,400 Long-term debt $32,000 $ 24,000 Owners' equity Common stock and paid-in surplus $ 40,000 $ 40,000 Retained earnings 193,760 272,600 Net plant and equipment $ 256,800 $ 315,200 Total $ 233,760 $ 312,600 Total assets $ $ 320,000 400,000 Total liabilities and owners' equity 320,00 $ $ 320,000 400,000 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.) 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 2020 times times times % times times times 2021 times times times % times times times times times

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