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2 2 boints Assets Current assets: Cash Accounts receivable Inventory Total Print Fixed assets Net plant and equipment Beferences Total assets BETHESDA MINING COMPANY
2 2 boints Assets Current assets: Cash Accounts receivable Inventory Total Print Fixed assets Net plant and equipment Beferences Total assets BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 Liabilities and Owners' Equity Current liabilities 2021 $27,536 66,346 156,765 $250,647 $853,518 $1,104,165 2022 $ 31,383 77,916 185,533 $294,832 $950,097 $1,244,929 Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus. Accumulated retained earnings Total Total liabilities and owners' equity Based on the balance sheets given, calculate the following financial ratios for each year. a. Current ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b. Quick ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. c. Cash ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. d. Debt-equity ratio and equity multiplier Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. e. Total debt ratio Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. a. 2021 Current ratio 2022 Current ratio b. 2021 Quick ratio times times times 2021 $ 198,119 91,496 $ 289,615 $ 345,000 $175,000 294,550 $ 469,550 $1,104,165 2022 $209,844 104,992 $314,836 $ 365,000' $103,000 382,093 $565,093 5.1,244,929 2 2 points eBook Print References a. Current ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b. Quick ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. c. Cash ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. d. Debt-equity ratio and equity multiplier. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. e. Total debt ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. a. 2021 Current ratio 2022 Current ratio b. 2021 Quick ratio - 2022 Quick ratio: times times times times c. 2021 Cash ratio times 2022 Cash ratio times d. 2021 Debt-equity ratio times 2022 Debt-equity ratio times d. 2021 Equity multiplier times 2022 Equity multiplier fimes e. 2021 Total debt ratio times 2022 Total debt ratio times
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