5.

Bethesda Mining Company reports the following balance sheet information for 2013 and 2014.

Required:

Prepare the 2013 and 2014 common-size balance sheets for Bethesda Mining. (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

BETHESDA MINING COMPANY Balance Sheets as of December 31, 2013 and 2014
	2013					2014						2013					2014
Assets											Liabilities and Owners Equity
Current assets											Current liabilities
Cash	$	55,526			%	$	70,205			%	Accounts payable	$	188,922			%	$	196,611			%
Accounts receivable		63,281			%		83,639			%	Notes payable		84,020			%		135,588			%
Inventory		121,382			%		186,805			%
											Total	$	272,942			%	$	332,199			%
Total	$	240,189			%	$	340,649			%
											Long-term debt	$	235,000			%	$	171,750			%
											Owners equity
											Common stock and paid-in surplus	$	220,000			%	$	220,000			%
											Accumulated retained earnings		170,594			%		206,478			%
Fixed assets
Net plant and equipment	$	658,347			%	$	589,778			%	Total	$	390,594			%	$	426,478			%
Total assets	$	898,536			%	$	930,427			%	Total liabilities and owners equity	$	898,536			%	$	930,427			%