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Based on the balance sheets given for Bethesda Mining, calculate the following financial ratios for each year: Current ratio: Quick ratio Cash ratio Debt-equity ratio

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Based on the balance sheets given for Bethesda Mining, calculate the following financial ratios for each year:

  1. Current ratio:

  2. Quick ratio

  3. Cash ratio

  4. Debt-equity ratio multiplier:

  5. Total debt ratio:

BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Cash Accounts receivable Inventory Total $ 21,182 51,036 120,589 $192,807 $ 24,141 59,935 142,718 $226,794 $180,108 83,179 $263,287 $305,000 $190,767 98,175 $288,942 $340,000 Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity Fixed assets Net plant and equipment $775,925 Total assets $968,732 $165,000 235,445 $400,445 $968,732 $178,000 283,578 $461,578 $1,090,520 $863.726 $1,090,520

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