Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Calculate the following financial
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Question:
Bethesda Mining Company reports the following balance sheet information for 2018 and 2019.
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.)
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