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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.
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 2018 Assets Current assets Cash Accounts receivable 34,678: 59,281 Inventory 130,795 Total 224,754 Fixed assets Net plant and equipment 657,547 Total assets 882,301 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable 192,922 88,020 Total 280,942 Long-term debt 243,000 Owners' equity Common stock and paid-in surplus $ 212,000 Accumulated retained earnings 146,359 Total $ 358,359 Total liabilities and owners' equity $ 882,301 2019 di di di di % $ 44,680 % 79,639 % 197,317 $ 321,636 % % % % do do do do di do SASA % $ 589,378 % % $ 911,014 % $ 200,611 % di di do % 139,588 % % EA GA $ 340,199 % $ 179,750 % di di di di % $ 212,000 % % 179,065 % $ 391,065 % % $ 911,014 %
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