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Bethesda Mining Company reports the following balance sheet information for 2021 and 2022: Assets Current assets Inventory - Total 2021 $ 70,322 66,281 114,322

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Bethesda Mining Company reports the following balance sheet information for 2021 and 2022: Assets Current assets Inventory - Total 2021 $ 70,322 66,281 114,322 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable 2021 $ 185,922 81,020 $266,942 2822 $193,611 132,588 $ 326,199 $165,750 2022 Cash $ 88,509 Accounts receivable. $ 250,925 86,639 178,920 $354,068 Total Long-term debt $ 229,000 Owners' equity Fixed assets Net plant and equipment Total assets $ 658,947 $909,872 $ 590,078 $ 944,146 Common stock and paid-in surplus Accumulated retained earnings Total $ 226,000 187,930 $ 413,938 Total liabilities and owners' equity $ 909,872 $ 452,197 $ 944,146 $ 226,000 226,197 Based on the balance sheets given, calculate the following financial ratios for each year: Calculate the following financial ratios for each year: a. Current ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b. Quick ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. c. Cash ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. d. Debt-equity ratio and equity multiplier. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. e. Total debt ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. a. 2021 Current ratio 2022 Current ratio b. 2021 Quick ratio 2022 Quick ratio times: times times times c. 2021 Cash ratio times 2022 Cash ratio times d. 2021 Debt-equity ratio times: 2021 Equity multiplier times 2022 Debt-equity ratio times 2022 Equity multiplier times e. 2021 Total debt ratio times 2022 Total debt ratio times

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