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Bethesda Mining Company reports the following balance sheet information for 2015 and 2016. 2015 2015 2016 Assets Current assets Cash Accounts receivable Inventory Total $

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Bethesda Mining Company reports the following balance sheet information for 2015 and 2016. 2015 2015 2016 Assets Current assets Cash Accounts receivable Inventory Total $ 55,526 63,281 121,382 $ 240,189 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2015 and 2016 2016 Liabilities and Owners' Equity Current liabilities $ 70,205 Accounts payable 83,639 Notes payable 186,805 Total $ 340,649 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 589,778 Total $ 930,427 Total liabilities and owners' equity $ 188,922 84,020 $ 272,942 $ 235,000 $ 196,611 135,588 $ 332,199 $ 171,750 Fixed assets Net plant and equipment Total assets $ 658,347 $ 898,536 $ 220,000 170,594 $ 390,594 $ 898,536 $ 220,000 206,478 $ 426,478 $ 930,427 Based on the balance sheets given for Bethesda Mining, calculate the following financial ratios for each year: d. Debt-equity ratio and equity multiplier. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Debt-equity ratio times 2015 Equity multiplier times times 2016 times e. Total debt ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) 2015 Total debt ratio times | times 2016

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