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2019 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 Assets Liabilities and Owners' Equity Current assets Current liabilities

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2019 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 21,182 $ 24,141 Accounts payable $180,108 Accounts receivable 51,036 59,935 Notes payable 83,179 Inventory 120,589 142,718 Total $263,287 Total $192,807 $226,794 Long-term debt $305,000 Owners' equity Common stock and paid-in surplus $165,000 Fixed assets Accumulated retained earnings 235,445 Net plant and equipment $775,925 $863,726 Total $400.445 Total assets $968,732 $1,090,520 Total liabilities and owners' equity $968,732 $190,767 98,175 $288,942 $340,000 $178,000 283,578 $461,578 $1,090,520 LO 2 a. 16. Calculating Financial Ratios Based on the balance sheets given for Bethesda Mining, calculate the following financial ratios for each year: Current ratio b. Quick ratio Cash ratio d. Debt-equity ratio and equity multiplier c. ( Notes Just need answers for a) and d) please

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