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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Assets 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. Assets BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Liabilities and Owners' Equity Current liabilities $ 63,014 $ 79,447 Accounts payable $ 187,422 $ 195,111 64,781 85,139 Notes payable 82,520 134,088 Current assets Cash Accounts receivable 182,862 Inventory 117,852 Total $269,942 $ 329,199 Total $ 245,647 $ 347,448 Long-term debt $232,000 $ 168,750 Owners' equity I Common stock and paid-in $223,000 $223,000 surplus Accumulated retained 179,352 216,427 earnings Fixed assets Total $ 402,352 $ 439,427 Net plant and equipment $ 658,647 $589,928 937,376 $904,294 $ Total liabilities and owners equity $904,294 $ 937,376 Total assets 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.) times times a. 2018 current ratio 2019 current ratio b. 2018 Quick ratio 2019 Quick ratio c. 2018 Cash ratio times times times 2019 Cash ratio times times times times d. 2018 Debt-equity ratio 2018 Equity multiplier 2019 Debt-equity ratio 2019 Equity multiplier 2018 Total debt ratio 2019 Total debt ratio times e times times

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