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BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities

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BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 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 $235,000 $ 171,750 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $220,000 $220.000 170,594 206.478 Fixed assets Net plant and equipment $658,347 $589,778 Total $390,594 $426,478 Total assets $898,536 $930427 Total liabilities and owners' equity $898,536 $930,427 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., 32.16.) b. Quick ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Cash ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) d.Debt-equity ratio and equity multiplier. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) e. Total debt ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) a. 2018 current ratio 2019 current ratio b. 2018 Quick ratio 2019 Quick ratio c. 2018 Cash ratio 2019 Cash ratio d. 2018 Debt-equity ratio 2018 Equity multiplier 2019 Debt-equity ratio 2019 Equity multiplier e 2018 Total debt ratio 2019 Total dat ratin times times times times times times times times times times times times

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