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Bethesda Mining Company reports the following balance sheet information for 2021 and 2022. Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant
Bethesda Mining Company reports the following balance sheet information for 2021 and 2022. Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets 2021 Profit margin Total asset turnover Equity multiplier Return on equity BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 Liabilities and Owners' Equity Current liabilities. 2022 Accounts payable Notes payable $ 60,538 64,281 119,029 $243,848 $ 658,547 $902,395 $ 76,386 84,639 184, 177 $ 345,202 % times times % $589,878 $935,080 Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total 2021 $ 187,922 83,020 $ 270,942 $ 233,000 $ 222,000 176,453 $398,453 $902,395 2022 Total liabilities and owners' equity Suppose that the Bethesda Mining Company had sales of $2,296,873 and det income of $95,381 for the year ending December 31, 2022. Calculate ROE using the DuPont identity. $ 195,611 134,588 $330,199 $ 169,750 Note: 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. $ 222,000 213,131 $ 435,131 $935,080
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