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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019 2018 2019 Assets Current assets Cash Accounts receivable Inventory BETHESDA MINING COMPANY

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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019 2018 2019 Assets Current assets Cash Accounts receivable Inventory BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Liabilities and Owners' Equity Current liabilities $ 40,010 $ 51,181 Accounts payable 60,281 80,639 Notes payable 128,441 194,689 Total $ 191,922 $ 199,611 87,020 138,588 $278,942 $ 338,199 Tota $228,732 $326,509 ces Long-term debt $ 241,000 $ 177,750 Owners' equity Common stock and paid-in surplus $ 214,000 $ 214,000 Accumulated retained earnings 152,537 186,038 Fixed assets Net plant and equipment $ 657747 $589,478 Total $366,537 $400,038 Total assets $886,479 $ 915,987 Total liabilities and owners' equity $886,479 $ 915,987 Suppose that the Bethesda Mining Company had sales of $2,216,873 and net income of $103,381 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, 0.9., 32.16. Enter the profit margin and return on equity as a percent.) Suppose that the Bethesda Mining Company had sales of $2,216,873 and net income of $103,381 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 Equity multiplier Return on equity times times %

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