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Bethesda Mining Company reports the following balance sheet Information for 2021 and 2022: Assets Current assets Cash Accounts receivable. Inventory Total Total assets 2021
Bethesda Mining Company reports the following balance sheet Information for 2021 and 2022: Assets Current assets Cash Accounts receivable. Inventory Total Total assets 2021 $ 29,266 58,281 133,148 $220,695 $657,347 $878,042 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 2022 $ 38,098 78,639 199,946 $316,683 Liabilities and Ouners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings. Total $589,278 $ 905,961 Total liabilities and owners' equity 2021 $193,922 89,020 $282,942 $ 245,000 $210,000 140,100 $350,100 $ 878,042 2022 $201,611 140,588 $ 342,199 $181,750 $210,000 172,012 $382,012 $ 905,961 Fixed assets Net plant and equipment Based on the balance sheets given, calculate the following financial ratios for each year: Calculate the following financial ratios for each year: a. Current ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b. Quick ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. c. Cash ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. d. Debt-equity ratio and equity multiplier. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. e. Total debt ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. a. 2021 Current ratio times 2022 Current ratio times b. 2021 Quick ratio times 2022 Quick ratio times c. 2021 Cash ratio times 2022 Cash ratio times d. 2021 Debt-equity ratio times 2021 Equity multiplier times 2022 Debt-equity ratio times 2022 Equity multiplier times e. 2021 Total debt ratio times 2022 Total debt ratio times
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