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2015 2016 2015 2016 Assets Liabilities and Owners' Equity Current assets Current liabilities $ 47,858 $ 60,783 Accounts payable Cash Accounts receivable Inventory $ 190,422

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2015 2016 2015 2016 Assets Liabilities and Owners' Equity Current assets Current liabilities $ 47,858 $ 60,783 Accounts payable Cash Accounts receivable Inventory $ 190,422 85,520 $ 275,942 $ 238,000 $198,111 137,088 335,199 $ 174,750 61,781 124,912 82,139 190,747 Notes payable Total Total $ 234,551 333,669 Long-term debt Owners' equity S 217,000 217,000 196,348 378,656 413,348 $ 892,598$923,297 Common stock and paid-in surplus Accumulated retained earnings Fixed assets 161,656 658.047 589,628 Total Net plant and equipment Total assets $892,598 923,297 Total liabilities and owners' equity Based on the balance sheets given for Bethesda Mining, calculate the following financial ratios for each year: a. Current ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Current ratio 2015 times 2016 times b. Quick ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Quick ratio 2015 2016 times times c. Cash ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Cash ratio 2015 times 2016 times d. Debt-equity ratio and equity multiplier. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Debt-equity ratio Equity multiplier 2015 times times 2016 times times e. Total debt ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Total debt ratio 2015 times 2016 times

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