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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Prepare the 2018 and 2019 common-size balance sheets for Bethesda Mining. (Do

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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Prepare the 2018 and 2019 common-size balance sheets for Bethesda Mining. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2019 2018 Assets Current assets 54,402 42,646 Cash 81,139 60,781 Accounts receivable 193,375 127,265 Inventory 24 230,692 328,916 Total Fixed assets Net plant and equipment 24 657,847 589,528 Total assets $4 888,539 2$ 918,444 Liabilities and Owners' Equity Current liabilities Accounts payable 191,422 2$ %24 199,111 Notes payable 86,520 138,088 Total 277,942 2$ 337,199 Long-term debt 240,000 2$ 2$ Owners equity 176,750 Common stock and paid-in surplus 215,000 %2$ 215,000 Prev 1 of 3 ... Next > MacRoael

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