Bethesda Mining Company reports the following balance sheet information for 2018 and 2019.

Suppose that the Bethesda Mining Company had sales of $2,226,873 and net income of $102,381 for the year ending December 31, 2019.

a. What is the profit margin?

b. What is the total asset turnover?

c. What is the equity multiplier?

d. What is the return on equity?

2018 2019 Assets Current assets Cash Accounts receivable Inventory BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Liabilities and Owners' Equity Current liabilities $ 42,646 $ 54,402 Accounts payable 60,781 81,139 Notes payable 127,265 193,375 $ 191,422 $ 199,111 86,520 138,088 Total $ 277,942 $ 337199 Total $230,692 $ 328,916 Long-term debt $240,000 $ 176,750 Owners' equity Common stock and paid-in surplus $ 215,000 $215,000 Accumulated retained earnings 155,597 189,495 Fixed assets 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