Bethesda Mining Company reports the following balance sheet Information for 2021 and 2022. Assets. Current assets Cash Accounts receivable Inventory Total Fixed assets Net
Bethesda Mining Company reports the following balance sheet Information for 2021 and 2022. Assets. Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets 2021 Profit margin Total asset turnover Equity multiplier Return on equity BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 2822 Liabilities and Owners' Equity Current liabilities. Accounts payable Notes payable Total $ 42,646 60,781 127,265 $ 230,692 $ 657,847 $ 888,539 $ 54,402 81,139 193,375 $328,916 96 times times 96 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total $589,528 $ 918,444 Total liabilities and owners' equity 2021 $ 191,422 86,528 $ 277,942 $ 240,000 $ 215,000 155,597 $ 370,597 $ 888,539 2022 Suppose that the Bethesda Mining Company had sales of $2,226,873 and net Income of $102,381 for the year ending December 31, 2022. Calculate ROE using the DuPont Identity. $ 199,111 138,088 $ 337,199 $ 176,750 Note: 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. $ 215,000 189,495 $ 404,495 $918,444
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