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5 (of 12) 8.00 points Bethesda Mining Company reports the following balance sheet information for 2015 and 2016 BETHESDA MINING COMPANY Balance Sheets as of
5 (of 12) 8.00 points Bethesda Mining Company reports the following balance sheet information for 2015 and 2016 BETHESDA MINING COMPANY Balance Sheets as of 31, 2015 and 2016 2015 2016 2015 Liabilities and Owners' Equity Current liabilities Notes payable Long-term debt s 193,922 201,611 140,588 $ 282,942 S 342,199 Cash s 29,266 38,098 Accounts payable 89,020 58,281 133,148 $ 220,695 78,639 199,946 $ 316,683 Inventory Total Total Common stock and paid-in surplus Accumulated retained earnings $210,000 $ 210,000 172,012 382,012 $ 878,042 $905,961 140,100 s 350,100 $ Fixed assets s 657 347 589.278Total s 878,042 905,96 Total liabilities and Total assets owners equity Suppose that the Bethesda Mining Company had sales of $2,176,873 and net income of $107.381 for the year ending December 31, 2016. 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 Total asset turnover Equity multiplier Return on equity References eBook & Resources
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