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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Assets Current assets Cash Accounts receivable Inventory Total BETHESDA MINING COMPANY Balance
Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Assets Current assets Cash Accounts receivable Inventory Total BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Total assets $ 21,182 $ 24,141 51,036 59,935 120,589 142,718 $192,807 $ 226,794 Fixed assets Net plant and $775,925 $ 863,726 equipment $968,732 $1,090,520 Profit margin Total asset turnover Equity multiplier Return on equity Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable % times times % Total Long-term debt Owners' equity Common stock and paid-in surplus earnings Accumulated retained Total Total liabilities and owners' equity 2018 2019 $ 180,108 $ 190,767 83,179 98,175 $263,287 $ 288,942 $305,000 $340,000 $ 165,000 $ 178,000 235,445 283,578 Suppose that the company had sales of $2,751,332 and net income of $86,432 for the year ending December 31, 2019. Calculate the DuPont Identity. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter your profit margin and return on equity answers as a percent.) $400,445 $ 461,578 $968,732 $1,090,520
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