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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and

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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash Accounts receivable Inventory $ 29,266 $ 38,098 58,281 78,639 133,148 199,946 Accounts payable Notes payable $193,922 $201,611 89,020 140,588 Total $282,942 $342,199 Total $220,695 $316,683 Long-term debt $245,000 $181,750 Owners' equity Common stock and paid-in surplus $210,000 $210,000 Accumulated retained earnings 140,100 172,012 Fixed assets Net plant and equipment $ 657,347 $589,278 Total $350,100 $382,012 Total assets $878,042 $905,961 Total liabilities and owners' equity $878,042 $905,961 Suppose that the Bethesda Mining Company had sales of $2,176,873 and net income of $107,381 for the year ending December 31, 2019. Calculate ROE using the DuPont identity. (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.) Profit margin % Total asset turnover times Equity multiplier times Return on equity %

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