Calculating Financial Ratios 

Bethesda Mining Company reports the following balance sheet information for 2018 and 2019.

BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019
		2018			2019				2018			2019
Assets							Liabilities and Owners’ Equity
Current assets							Current liabilities
Cash	$	67,906		$	85,508		Accounts payable	$	186,422		$	194,111
Accounts receivable		65,781			86,139		Notes payable		81,520			133,088
Inventory		115,499			180,234
							Total	$	267,942		$	327,199
Total	$	249,186		$	351,881
							Long-term debt	$	230,000		$	166,750
							Owners’ equity
							Common stock and paid-in surplus	$	225,000		$	225,000
							Accumulated retained earnings		185,091			222,960
Fixed assets
Net plant and equipment	$	658,847		$	590,028		Total	$	410,091		$	447,960
Total assets	$	908,033		$	941,909		Total liabilities and owners’ equity	$	908,033		$	941,909

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.)