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Bethesda Mining Company reports the following balance sheet information for 2 0 2 1 and 2 0 2 2 : BETHESDA MINING COMPANY Balance Sheets

Bethesda Mining Company reports the following balance sheet information for 2021 and 2022:
BETHESDA MINING COMPANY
Balance Sheets as of December 31,2021 and 2022
Assets 20212022 Liabilities and Owners Equity 20212022
Current assets Current liabilities
Cash $ 37,354 $ 47,940 Accounts payable $ 192,422 $ 200,111
Accounts receivable 59,78180,139 Notes payable 87,520139,088
Inventory 129,618196,004 Total $ 279,942 $ 339,199
Total $ 226,753 $ 324,083 Long-term debt $ 242,000 $ 178,750
Owners equity
Common stock and paid-in surplus $ 213,000 $ 213,000
Fixed assets Accumulated retained earnings 149,458182,562
Net plant and equipment $ 657,647 $ 589,428 Total $ 362,458 $ 395,562
Total assets $ 884,400 $ 913,511 Total liabilities and owners equity $ 884,400 $ 913,511
Based on the balance sheets given, calculate the following financial ratios for each year:
Calculate the following financial ratios for each year:
Current ratio.
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.
Quick ratio.
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.
Cash ratio.
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.
Debt-equity ratio and equity multiplier.
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.
Total debt ratio.
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.

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