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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.
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 % $ 73,306 % 84,139 % % 185,490 + % $ 342,935 % Assets Current assets Cash $ 58,042 Accounts receivable 63,781 Inventory 120,205 Total $ 242,028 de de de de % % Fixed assets Net plant and equipment $ 658,447 Total assets $ 900,475 de de Liabilities and Owners' Equity Current liabilities % $ 589,828 % % $ 932,763 %
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