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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 and
BETHESDA MINING COMPANY
Balance Sheets as of December and
Assets Liabilities and Owners Equity
Current assets Current liabilities
Cash $ $ Accounts payable $ $
Accounts receivable Notes payable
Inventory Total $ $
Total $ $
Longterm debt $ $
Owners equity
Common stock and paidin surplus $ $
Fixed assets Accumulated retained earnings
Net plant and equipment $ $ Total $ $
Total assets $ $ Total liabilities and owners equity $ $
Based on the balance sheets given, calculate the following financial ratios for each year:
Current ratio.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
Quick ratio.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
Cash ratio.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
Debtequity ratio and equity multiplier.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
Total debt ratio.
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