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Calculate the following financial ratios for each year: a. Current ratio. (Do not round intermediate calculations and round your answers to 2 decimal places,

Calculate the following financial ratios for each year: a. Current ratio. (Do not round intermediate

BETHESDA MINING COMPANYBalance Sheets as of December 31, 2018 and 20192018 20192018 2019AssetsLiabilities and Owners Eq


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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.) c. Cash ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) d. Debt-equity ratio and equity multiplier. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) e. Total debt ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) a. 2018 current ratio 2019 current ratio b. 2018 Quick ratio 2019 Quick ratio c. 2018 Cash ratio 2019 Cash ratio d. 2018 Debt-equity ratio 2018 Equity multiplier 2019 Debt-equity ratio e 2019 Equity multiplier 2018 Total debt ratio 2019 Total debt ratio times times times times times times times times times times times times Assets Current assets Cash 88,509 $70,322 $ Accounts receivable 66,281 86,639 178,920 Inventory 114,322 Total Fixed assets Net plant and equipment BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Total assets $250,925 $354,068 $658,947 $909,872 590,078 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in Accumulated retained surplus earnings Total 944,146 Total liabilities and owners' equity 2018 2019 $185,922 $ 193,611 81,020 132,588 $266,942 $326,199 $229,000 $ 165,750 $226,000 $226,000 187,930 226,197 $413,930 $ 452,197 $909,872 $ 944,146 2018 current ratio 2019 current ratio b. 2018 Quick ratio 2019 Quick ratio 2018 Cash ratio 2019 Cash ratio d. 2018 Debt-equity ratio 2018 Equity multiplier 2019 Debt-equity ratio 2019 Equity multiplier 2018 Total debt ratio 2019 Total debt ratio a. C. e times times times times times times times times times times times times

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