Just Dew It Corporation reports the following balance sheet information for and
JUST DEW IT CORPORATION
and Balance Sheets
Assets Liabilities and Owners Equity
Current assets Current liabilities
Cash $ $ Accounts payable $ $
Accounts receivable Notes payable
Inventory
Total $ $ Total $ $
Longterm debt $ $
Owners equity
Common stock and paidin surplus $ $
Retained earnings
Net plant and equipment $ $ Total $ $
Total assets $ $ Total liabilities and owners equity $ $
Based on the balance sheets given for Just Dew It:
Calculate the current ratio for each year.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
Calculate the quick ratio for each year.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
Calculate the cash ratio for each year.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
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
Calculate the debtequity ratio and equity multiplier for each year.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
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