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Bethesda Mining Company reports the following balance sheet information for 2 0 2 1 and 2 0 2 2 : BETHESDA MINING COMPANY Balance Sheets

Bethesda Mining Company reports the following balance sheet information for 2021 and 2022:
BETHESDA MINING COMPANY
Balance Sheets as of December 31,2021 and 2022
Assets 20212022 Liabilities and Owners Equity 20212022
Current assets Current liabilities
Cash $ 42,646 $ 54,402 Accounts payable $ 191,422 $ 199,111
Accounts receivable 60,78181,139 Notes payable 86,520138,088
Inventory 127,265193,375 Total $ 277,942 $ 337,199
Total $ 230,692 $ 328,916 Long-term debt $ 240,000 $ 176,750
Owners equity
Common stock and paid-in surplus $ 215,000 $ 215,000
Fixed assets Accumulated retained earnings 155,597189,495
Net plant and equipment $ 657,847 $ 589,528 Total $ 370,597 $ 404,495
Total assets $ 888,539 $ 918,444 Total liabilities and owners equity $ 888,539 $ 918,444
Based on the balance sheets given, calculate the following financial ratios for each year:
Calculate the following financial ratios for each year:
Current ratio.
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.
Quick ratio.
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.
Cash ratio.
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.
Debt-equity ratio and equity multiplier.
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.
Total debt ratio.
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.

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