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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. 2018 2019 Assets Current assets Cash Accounts receivable Inventory $186,422 $ 194,111
Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. 2018 2019 Assets Current assets Cash Accounts receivable Inventory $186,422 $ 194,111 81,520 133,088 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Liabilities and Owners' Equity Current liabilities $ 67,906 $ 85,508 Accounts payable 65,781 86,139 Notes payable 115,499 180,234 Total $249,186 $351,881 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 267,942 $327,199 Total $230,000 $166,750 $225,000 $225,000 185,091 222,960 Fixed assets Net plant and equipment $658,847 $590,028 Total $410,091 $447,960 Total assets $908,033 $941,909 Total liabilities and owners' equity $908,033 $941,909 Suppose that the Bethesda Mining Company had sales of $2,326,873 and net income of $92,381 for the year ending December 31, 2019. Calculate ROE using the DuPont identity. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profit margin and return on equity as a percent.) times Profit margin Total asset turnover Equity multiplier Return on equity times
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