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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

image text in transcribedimage text in transcribedBethesda 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 $ 37,354 $ 47,940 Accounts payable $ 192,422 $ 200,111 Accounts receivable 59,781 80,139 Notes payable 87,520 139,088 Inventory 129,618 196,004 Total $ 279,942 $ 339,199 Total $ 226,753 $ 324,083 Long-term debt $ 242,000 $ 178,750 Owners equity Common stock and paid-in surplus $ 213,000 $ 213,000 Accumulated retained earnings 149,458 182,562 Fixed assets Net plant and equipment $ 657,647 $ 589,428 Total $ 362,458 $ 395,562 Total assets $ 884,400 $ 913,511 Total liabilities and owners equity $ 884,400 $ 913,511 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.) b. Quick ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Cash ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) d. Debt-equity ratio and equity multiplier. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) e. Total debt ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. 2018 2019 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 37,354 $ 47,940 Accounts payable Accounts receivable 59.781 80,139 Notes payable Inventory $ 192.422 $ 200.10 87,520439,088 129.618 196.004 Total $ 279,942 $ 339.199 Total $ 226,753 $324.083 $242,000 $ 178.750 Long-term debt Owners equity Cominon stock and paid-in surplus Accumulated retained earnings 5 213.000 $213.000 149.458 182,562 Fixed assets Net plant and equipment $ 657647 $589428 $362.458 $395,562 Total assets $884.400 $913,5111 Total liabilities and owners equity $384 400 $ 913.511 points Calculate the following financial ratios for each year: Skipped a. Current ratio (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Quick ratio (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Cash ratio (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) d. Debt-equity ratio and equity multiplier. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) e. Total debt ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.) times times times times times 2018 current ratio 2019 current ratio b. 2018 Quick ratio 2019 Quick ratio c. 2018 Cash ratio 2019 Cash ratio d. 2018 Debt-equity ratio 2018 Equity multiplier 2019 Debt-equity ratia 2019 Equity tnultiplier e 2018 Total debt ratio 2019 Total debt ratia tintes times

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