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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

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 2021 2022 Liabilities and Owners Equity 2021 2022
Current assets Current liabilities
Cash $ 52,990 $ 67,084 Accounts payable $ 189,422 $ 197,111
Accounts receivable 62,781 83,139 Notes payable 84,520 136,088
Inventory 122,559 188,119 Total $ 273,942 $ 333,199
Total $ 238,330 $ 338,342 Long-term debt $ 236,000 $ 172,750
Owners equity
Common stock and paid-in surplus $ 219,000 $ 219,000
Fixed assets Accumulated retained earnings 167,635 203,121
Net plant and equipment $ 658,247 $ 589,728 Total $ 386,635 $ 422,121
Total assets $ 896,577 $ 928,070 Total liabilities and owners equity $ 896,577 $ 928,070

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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