Just Dew It Corporation reports the following balance sheet information for 2023 and 2024. ...
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Finance
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
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
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