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Bethesda Mining Company reports the following balance sheet information for 2015 and 2016. Prepare the 2015 and 2016 common-size balance sheets for Bethesda Mining. KQuestion
Bethesda Mining Company reports the following balance sheet information for 2015 and 2016. Prepare the 2015 and 2016 common-size balance sheets for Bethesda Mining.
KQuestion 7 (of 12) Save &Exit Submit value 10.00 points Bethesda Mining Company reports the following balance sheet information for 2015 and 2016. Prepare the 2015 and 2016 common-size balance sheets for Bethesda Mining. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g, 32.16.) BETHESDA MINING Balance Sheets as of December 31, 2015 and 2016 2016 2015 2015 2016 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash Accounts receivable Inventory S 26,530 57,781 134,324 5 218,635 S 34,778 78,139 % 201.260 S 314,177 Accounts payable $ 194,422 89,520 S 283,942 246,000 $ 209,000 136,940 345,940 S 875,882 S 202.111 141,088 % S 343,199 S 182,750 Notes payable %Total % Long-term debt Owners' equity Total S 209,000 168,456 S 377,456 S 903,405 Common stock and paid-in surplus Accumulated retained earnings Fixed assets Net plant and equipment Total $ 657,247 $ 875,882 S 589,228 % $903,405 Total assets % Total liabilities and owners' equity Book & Resources O Type here to search 2:42 PM 9/11/2018Step by Step Solution
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