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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Prepare the 2018 and 2019 common-size balance sheets for Bethesda Mining. (Do
Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Prepare the 2018 and 2019 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, 2018 and 2019 2018 2019 Assets Current assets $ 65,470 % $ % % Cash Accounts receivable Inventory Total 65,281 116,676 247,427 82,487 85,639 181,549 349,675 % % % $ % $ % Fixed assets Net plant and equipment $ % $ % 658,747 906,174 589,978 939,653 Total assets $ % $ % $ 186,922 $ 194,611 % % 82,020 % % % $ % $ Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total 133,588 328,199 167,750 268,942 231,000 $ % $ % $ % $ 224,000 % 224,000 182,232 % % $ % $ 219,704 443,704 939,653 406,232 906,174 % Total liabilities and owners' equity $ % $ %
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