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Bethesda Mining Company reports the following balance sheet information for 2015 and 2016. Prepare the 2015 and 2016 common-size balance sheets for Bethesda Mining. (Do
Bethesda Mining Company reports the following balance sheet information for 2015 and 2016. Prepare the 2015 and 2016 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, 2015 and 2016 2016 2015 2015 2016 Assets Liabllities and Owners' Equity Current assets Current liabilities % Accounts payable % Notes payable %Total % Long-term debt Cash S 67,906 65,781 115,499 S 249,186 % $ 85,508 % 86,139 % 180,234 % $351,881 $186,422 81,520 $ 267,942 $ 230,000 % $ 194,111 % 133,088 % $ 327,199 % $ 166,750 Accounts receivable Total Owners' equity $ 225,000 185,091 $410,091 $908,033 Common stock and paid-in surplus % $ 225,000 % 222,960 % $ 447,960 % $ 941,909 Fixed assets Accumulated retained eamings Net plant and equipment S 658,847 % $590,028 % Total Total assets S 908,033 % $941,909 % Total liabilities and owners' equity References eBook & Resources
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