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Just Dew It Corporation reports the following balance sheet information for 2020 and 2021. JUST DEW IT CORPORATION2020 and 2021 Balance

April 10, 2024

Just Dew It Corporation reports the following balance sheet information for 2020 and 2021.

JUST DEW IT CORPORATION2020 and 2021 Balance SheetsAssets20202021Liabilities and Owners’ Equity20202021Current assets Current liabilities Cash$ 11,250$ 19,440Accounts payable$ 30,600$ 49,200Accounts receivable11,85016,080Notes payable24,90031,200Inventory39,15060,240 Total$ 62,250$ 95,760Total$ 55,500$ 80,400 Long-term debt$ 27,000$ 24,000 Owners’ equity Common stock and paid-in surplus$ 48,000$ 48,000 Retained earnings169,500327,600 Net plant and equipment$ 237,750$ 384,240Total$ 217,500$ 375,600 Total assets$ 300,000$ 480,000Total liabilities and owners’ equity$ 300,000$ 480,000

Prepare the and 2021 common-size balance sheets for Just Dew It. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) also do total of current assests and owner’s equity and do percentage

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