Bethesda Mining Company reports the following balance sheet information for 2015 and 2016. 2015 20 Assets Current assets Cash Accounts receivable Inventory Total BETHESDA MINING COMPANY Balance Sheets as of December 31, 2015 and 2016 2015 2016 Liabilities and Owners' Equity Current liabilities $ 58,042 $ 73,306 Accounts payable 63,781 84,139 Notes payable 120,205 185,490 Zotal $242,028 $342,935 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $658,447 $589,828 Total $900,475 $932,263 Total liabilities and owners' equity $188, 422 83,520 $271,942 $234,000 $196, 135, $331 $170, Fixed assets Net plant and equipment Total assets $221,000 173,533 $394,533 $900,475 $221,0 209,8 $430,0 $932,70 Based on the balance sheets given for Bethesda Mining, calculate the following financial ratios for each year. . Current ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) 2016 Current ratio ties - Quick ratio (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) 2016 Quick ratio times Debt-equity ratio and equity multiplier. (Do not round intermediate calculations and round your answers to 2 decimal place 2.16.) 2016 Debt-equity ratio times Equity multiplier times Pixed assets Net plant and equipment Total assets Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $658,447 $900, 475 $589,828 $932,763 $221,000 173,533 $394,533 $900,475 Based on the balance sheets given for Bethesda Mining, calculate the following financial ratios for each year: a. Current ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Current ratio times 2016 b. Quick ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) 2016 Quick ratio times c. Debt-equity ratio and equity multiplier. (Do not round intermediate calculations and round your answers to 2 decir 32.16.) Debt-equity ratio times Equity multiplier 2016 times d. Total debt ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.) 2016 Total debt ratio times Bethesda Mining Company reports the following balance sheet information for 2015 and 2016. 2015 20 Assets Current assets Cash Accounts receivable Inventory Total BETHESDA MINING COMPANY Balance Sheets as of December 31, 2015 and 2016 2015 2016 Liabilities and Owners' Equity Current liabilities $ 58,042 $ 73,306 Accounts payable 63,781 84,139 Notes payable 120,205 185,490 Zotal $242,028 $342,935 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $658,447 $589,828 Total $900,475 $932,263 Total liabilities and owners' equity $188, 422 83,520 $271,942 $234,000 $196, 135, $331 $170, Fixed assets Net plant and equipment Total assets $221,000 173,533 $394,533 $900,475 $221,0 209,8 $430,0 $932,70 Based on the balance sheets given for Bethesda Mining, calculate the following financial ratios for each year. . Current ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) 2016 Current ratio ties - Quick ratio (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) 2016 Quick ratio times Debt-equity ratio and equity multiplier. (Do not round intermediate calculations and round your answers to 2 decimal place 2.16.) 2016 Debt-equity ratio times Equity multiplier times Pixed assets Net plant and equipment Total assets Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $658,447 $900, 475 $589,828 $932,763 $221,000 173,533 $394,533 $900,475 Based on the balance sheets given for Bethesda Mining, calculate the following financial ratios for each year: a. Current ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Current ratio times 2016 b. Quick ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) 2016 Quick ratio times c. Debt-equity ratio and equity multiplier. (Do not round intermediate calculations and round your answers to 2 decir 32.16.) Debt-equity ratio times Equity multiplier 2016 times d. Total debt ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.) 2016 Total debt ratio times
