Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. Assets Current assets Cash Ac

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Just Dew It Corporation Reports The Following Balance Sheet Information For 2017 And 2018 Assets Current Assets Cash Ac 1 (63.21 KiB) Viewed 10 times

Just Dew It Corporation Reports The Following Balance Sheet Information For 2017 And 2018 Assets Current Assets Cash Ac 2 (25.92 KiB) Viewed 10 times

Just Dew It Corporation Reports The Following Balance Sheet Information For 2017 And 2018 Assets Current Assets Cash Ac 3 (27.57 KiB) Viewed 10 times

Just Dew It Corporation Reports The Following Balance Sheet Information For 2017 And 2018 Assets Current Assets Cash Ac 4 (31.75 KiB) Viewed 10 times

Just Dew It Corporation reports the following balance sheet information for 2017 and 2018. Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Current ratio b. Quick ratio 2017 Quick ratio JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets 2018 $10,050 $10,500 28,900 27,800 64,800 63,600 $103,750 $ 101,900 324,000 344,000 $ $ 427,750 445,900 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2017. a. Current ratio Total liabilities and owners' equity 2017 $74,250 $58,750 47,500 45,250 $121,750 104,000 $ 55,300 $64,000 Common stock and paid-in surplus $90,000 $90,000 Retained earnings 160,700 187,900 $ Total 2018 250,700 $ 427,750 277,900 $ 445,900

c. Cash ratio Cash ratio d. NWC to total assets ratio NWC ratio e. Debt-equity ratio and equity multiplier Debt-equity ratio and Equity multiplier f. Total debt ratio and long-term debt ratio Total debt ratio and Long-term debt ratio

Based on the balance sheets given for Just Dew It, calculate the following financial ratios for the year 2018. a. Current ratio Current ratio b. Quick ratio Quick ratio c. Cash ratio Cash ratio

d. NWC to total assets ratio NWC ratio e. Debt-equity ratio and equity multiplier Debt-equity ratio and Equity multiplier f. Total debt ratio and long-term debt ratio Total debt ratio and Long-term debt ratio