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Submit Save & Exit Chapter 03 Saved Help Check my work 6. BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018
Submit Save & Exit Chapter 03 Saved Help Check my work 6. BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Liabilities and Owners' Equity Assets Current assets Cash Current liabilities 10 $ 65,470 $82,487 65,281 $ 186,922 $ 194,611 Accounts payable Notes payable polnts Accounts receivable 85,639 181,549 82,020 133,588 Inventory 116,676 eBook $268,942 $ 328,199 Total Print 349,675 $247,427 $ Total References $ 231,000 $ 167,750 Long-term debt Owners' equity Common stock and paid-in surplus $224,000 $224,000 Accumulated retained 219,704 182,232 earnings Fixed assets Net plant and equipment $658,747 $589,978 $406,232 $443,704 Total $906 174 $939,653 Total liabilities and owners' equity $ 906,174 $939,653 Total assets Mc Graw Hill Education 6 of 10 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.) 2018 current ratio times a. 2019 current ratio times b. 2018 Quick ratio times 2019 Quick ratio times 2018 Cash ratio times c. 2019 Cash ratio times d. 2018 Debt-equity ratio times 2018 Equity multiplier times 2019 Debt-equity ratio times 2019 Equity multiplier times 2018 Total debt ratio times 2019 Total debt ratio times
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