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Bethesda Mining Company reports the following balance sheet Information for 2021 and 2022. Assets Current assets Cash 2021 BETHESDA MINING COMPANY Balance Sheets as

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Bethesda Mining Company reports the following balance sheet Information for 2021 and 2022. Assets Current assets Cash 2021 BETHESDA MINING COMPANY Balance Sheets as of Decenber 31, 2021 and 2022 Liabilities and Owners' Equity Current liabilities. Accounts payable. 2022 5:67,986 $85,508 Accounts receivable 65,781 115,499 3 249,186 86,139 180,234 $ 351,881 Notes payable Total Inventory Total Fixed assets Net plant and equipment Total assets $ 658,847 $590,028 $ 908,033 $ 941,909 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity 2021 $186,422 81,520 $ 267,942 $ 230,000 2022 $194,111 133,088 $ 327,199 $ 166,750 $225,000 222,960 $225,000 185,091 $410,091 $447,960 $988,033 $941,909 Suppose that the Bethesda Mining Company had sales of $2,326,873 and net Income of $92,381 for the year ending December 31, 2022 Calculate ROE using the DuPont Identity. 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. Proft margin 3.97% Total asset turnover 2.47 times Equity multiplier Return on equity 1.01 times 9.90 %

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