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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.,
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 times 2019 current ratio times b. 2018 Quick ratio times times times times times 2019 Quick ratio C. 2018 Cash ratio 2019 Cash ratio d. 2018 Debt-equity ratio 2018 Equity multiplier 2019 Debt-equity ratio 2019 Equity multiplier e 2018 Total debt ratio times times times times 2019 Total debt ratio times Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. 2018 2019 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 37,354 $ 47,940 Accounts payable Accounts receivable 59,781 80,139 Notes payable 196,004 Inventory 129,618 $ 192,422 $ 200,111 87,520 139,088 Total $ 279,942 $ 339,199 Total 324,083 $226,753 $ $242,000 $ 178,750 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 213,000 $213,000 149,458 182,562 Fixed assets Net plant and equipment $ 657,647 $ +589,428 Total $362,458 $395,562 Total assets $884,400 $ 913,511 Total liabilities and owners' equity $884,400 $ 913,511 Calculate the following financial ratios for each year
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