amework Problem 3-16 Calculating Financial Ratios [LO 2] Bethesda Mining Company reports the following balance sheet information for 2018 and 2019 2018 2019 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 65,470 $82,487 Accounts payable Accounts receivable 65,281 85,639 Notes payable Inventory 116,676 181,549 $ 186,922 $ 194,611 82,020 133,588 Total $268,942 $ 328,199 Total $247,427 $ 349,675 $ 231,000 $167,750 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $224,000 $224,000 182.232 219,704 Fixed assets Net plant and equipment $658,747 $589978 Total $406,232 $ 443,704 Total assets $906.174 $ $939,653 Total liabilities and owners equity $ 906,174 $939,653 Calculate the following financial ratios for each year: o. Current ratio. (Do not round intermediate calculations and round your answers to 2 nar