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2019. Check my work mode: This shows what is correct or incorrect for the w 2018 Assets Current assets Current liabilities Cash 21,182 $
2019. Check my work mode: This shows what is correct or incorrect for the w 2018 Assets Current assets Current liabilities Cash 21,182 $ 24,141 Accounts receivable 51,036 59,935 Notes payable BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2019 Liabilities and Owners' Equity Accounts payable 2018 2019 $ 180,108 $ 190,767 83,179 98,175 Inventory 120,589 142,718 Total $263,287 $ 288,942) Total $192,807 $226,794 Long-term debt $305,000 $340,000 Owners' equity Common stock and paid-in $165,000 $ 178,000 surplus Accumulated retained 235,445 283,578 earnings Fixed assets Net plant and $775,925 $ 863,726 Total $400,445 $ 461,578 equipment Total assets $968,732 $1,090,520 Total liabilities and owners' equity $968,732 $1,090,520 Suppose that the company had sales of $2,751,332 and net income of $86,432 for the year ending December 31, 2019. Calculate the DuPont Identity. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter your profit margin and return on equity answers as a percent.) Answer is complete but not entirely correct. Profit margin 3.14 % Total asset turnover 1.34 times Equity multiplier 6.00 times Return on equity 7.93 % < Prev 14 of 22
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