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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 $ 50,434 $ 63,944 Accounts payable $ 189,922 $ 197,611
Accounts receivable 62,281 82,639 Notes payable 85,020 136,588
Inventory 123,735 189,433 Total $ 274,942 $ 334,199
Total $ 236,450 $ 336,016 Long-term debt $ 237,000 $ 173,750
Owners equity
Common stock and paid-in surplus $ 218,000 $ 218,000
Fixed assets Accumulated retained earnings 164,655 199,745
Net plant and equipment $ 658,147 $ 589,678 Total $ 382,655 $ 417,745
Total assets $ 894,597 $ 925,694 Total liabilities and owners equity $ 894,597 $ 925,694

Based on the balance sheets given, calculate the following financial ratios for each year:

Calculate the following financial ratios for each year:

  1. Current ratio.

    Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.

  2. Quick ratio.

    Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.

  3. Cash ratio.

    Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.

  4. Debt-equity ratio and equity multiplier.

    Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.

  5. 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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