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2018 2019 Assets Current assets Cash Accounts receivable Inventory BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Liabilities and

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2018 2019 Assets Current assets Cash Accounts receivable Inventory BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Liabilities and Owners' Equity Current liabilities $ 26,530 $ 34,778 Accounts payable 57,781 78,139 Notes payable 134,324 201,260 $ 194,422 $ 202,111 89,520 141,088 Total $283,942 $ 343,199 Total $ 218,635 $ 314,177 Long-term debt $246,000 $ 182,750 Owners' equity Common stock and paid-in surplus $209,000 $209,000 Accumulated retained earnings 136,940 168,456 Fixed assets Net plant and equipment $ 657,247 $589,228 Total $345,940 $ 377,456 Total assets $875,882 $903,405 Total liabilities and owners' equity $ 875,882 $903,405 Suppose that the Bethesda Mining Company had sales of $2,166,873 and net income of $108,381 for the year ending December 31, 2019. Calculate ROE using the DuPont identity. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profit margin and return on equity as a percent.) % times Profit margin Total asset turnover Equity multiplier Return on equity times %

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