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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Assets Current assets Cash $ Accounts receivable Inventory BETHESDA MINING COMPANY Balance
Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Assets Current assets Cash $ Accounts receivable Inventory BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 Liabilities and Owners' Equity Current liabilities 72,718 $ 91,489 Accounts payable $ 185,422 66,781 87,139 Notes payable 80,520 113,146 177,607 $ 193,111 132,088 Total $265.942 $325,199 Total $252,645 $356,235 $228,000 $ 164,750 Long-term debt Owners' equity Common stock and paid.in surplus Accumulated retained earnings $227,000 190,750 $227,000 229,414 Fixed assets Net plant and equipment 6 59 047 590,128 Total $ 417,750 $ 456,414 Total assets S 911 692 946,363 Total liabilities and owners' equity $ 911,692 $946,363 Calculate the following financial ratios for each year: a. Current ratio. (Do not round Intermediate calculations and round your answers to 2 decimal places, e.g.. 32.16.) b. Quick ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g.. 32.16.) Cach rutin inn nnt und Intermarinta Palentine and in h angware
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