$.$

BETHESDA MINING COMPANY

Balance Sheets as of December $31,2018$ and $2019$

$2018201920182019$

Assets Liabilities and Owners$$ Equity

Current assets Current liabilities

Cash $ $21,182$ $ $24,141$ Accounts payable $ $180,108$ $ $190,767$

Accounts receivable $51,03659,935$ Notes payable $83,17998,175$

Inventory $120,589142,718$

Total $ $263,287$ $ $288,942$

Total $ $192,807$ $ $226,794$

Long$-$term debt $ $305,000$ $ $340,000$

Owners$$ equity

Common stock and paid$-$in surplus $ $165,000$ $ $178,000$

Accumulated retained earnings $235,445283,578$

Fixed assets

Net plant and equipment $ $775,925$ $ $863,726$ Total $ $400,445$ $ $461,578$

Total assets $ $968,732$ $ $1,090,520$ Total liabilities and owners$$ equity $ $968,732$ $ $1,090,520$

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

a$.$

Current ratio. $($Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$.$ Quick ratio. $($Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

c$.$ Cash ratio. $($Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

d$.$ Debt$-$equity ratio and equity multiplier. $($Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

e$.$ Total debt ratio. $($Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$