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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 $ 63,014 $ 79,447 Accounts payable $ 187,422 $ 195,111
Accounts receivable 64,78185,139 Notes payable 82,520134,088
Inventory 117,852182,862 Total $ 269,942 $ 329,199
Total $ 245,647 $ 347,448 Long-term debt $ 232,000 $ 168,750
Owners equity
Common stock and paid-in surplus $ 223,000 $ 223,000
Fixed assets Accumulated retained earnings 179,352216,427
Net plant and equipment $ 658,647 $ 589,928 Total $ 402,352 $ 439,427
Total assets $ 904,294 $ 937,376 Total liabilities and owners equity $ 904,294 $ 937,376
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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