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Bethesda Mining Company reports the following balance sheet information for 2021 and 2022: Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant

Bethesda Mining Company reports the following balance sheet information for 2021 and 2022: Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets 2021 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 2022 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total $ 47,858 61,781 124,912 $ 234,551 $ 658,047 $ 892,598 $ 60,783 82,139 190,747 $333,669 $589,628 $ 923,297 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity Based on the balance sheets given, calculate the following financial ratios for each year: Calculate the following financial ratios for each year: a. Current ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b. Quick ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. c. Cash ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. d. Debt-equity ratio and equity multiplier. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. e. Total debt ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. 2021 $ 190,422 85,520 $ 275,942 $ 238,000 $ 217,000 161,656 $ 378,656 $ 892,598 2022 $ 198,111 137,088 $ 335,199 $ 174,750 $ 217,000 196,348 $ 413,348 $ 923,297
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Bethesda Mining Company reports the following balance sheet information for 2021 and 2022 : Based on the balance sheets given, calculate the following financial ratios for each year: Colculate the following financial ratios for each year: a. Current ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.9-, 32.16. b. Quick ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g-, 32.16. c. Cash ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g-, 32.16. d. Debt-equity ratio and equity multiplier. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.9., 32.16 . e. Total debt ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.9, 32.16

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