Prepare the 2013 and 2014 common-size balance sheets for Bethesda Mining.

Based on the balance sheets given for Bethesda Mining, calculate the following financial ratios for each year:

a. Current ratio

b. Quick ratio

c. Cash ratio

d. Debt-equity ratio and equity multiplier

e. Total debt ratio

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BETHESDA MINING COMPANY Balance Sheets as of December 31. 2013 and 2014 2013 2014 2013 2014 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash Accounts receivable $ 21,396 24,385 8 143,615 Accounts payable $214,414 $192,480 134,508 $313,436 $326,988 $271,700 $285,300 51,552 121,807 58,31 Notes payable 99,022 Total Total $194,755 $226,318 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $200,000 132,481 $332,481 $917,617 $200,000 171,358 $371,358 $983,646 Fixed assets Net plant and equipment Total assets $722,862 $917,617 $757,328 $983,646 Total Total liabilities and owners' equity