Bethesda Mining Company reports the following balance sheet information for 2015 and 2016. Prepare the 2015...

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Bethesda Mining Company reports the following balance sheet information for 2015 and 2016. Prepare the 2015 and 2016 common-size balance sheets for Bethesda Mining. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) BETHESDA MINING COMPANY Balance Sheets as of December 31, 2015 and 2016 2016 Current assets Cash Assets Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets $ 58,042 63,781 120,205 $ 242,028 $ 658,447 $ 900,475 2015 % $ 73,306 1% 84,139 % 185,490 %$ 342,935 % $589,828 %$ 932,763 Liabilities and Owners' Equity Current liabilities % Accounts payable Notes payable Total % % % Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total % % Total liabilities and owners' equity $ 188,422 83,520 $271,942 $ 234,000 $ 221,000 173,533 $ 394,533 $ 900,475 2015 %$ 196,111 % 135,088 %$ 331,199 % $ 170,750 % $221,000 % 209,814 % $430,814 % $932,763 2016 % % % % % % % % Bethesda Mining Company reports the following balance sheet information for 2015 and 2016. Prepare the 2015 and 2016 common-size balance sheets for Bethesda Mining. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) BETHESDA MINING COMPANY Balance Sheets as of December 31, 2015 and 2016 2016 Current assets Cash Assets Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets $ 58,042 63,781 120,205 $ 242,028 $ 658,447 $ 900,475 2015 % $ 73,306 1% 84,139 % 185,490 %$ 342,935 % $589,828 %$ 932,763 Liabilities and Owners' Equity Current liabilities % Accounts payable Notes payable Total % % % Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total % % Total liabilities and owners' equity $ 188,422 83,520 $271,942 $ 234,000 $ 221,000 173,533 $ 394,533 $ 900,475 2015 %$ 196,111 % 135,088 %$ 331,199 % $ 170,750 % $221,000 % 209,814 % $430,814 % $932,763 2016 % % % % % % % %

Answer rating: 100% (QA)

For 2015 Cash 58042 900475 65 Accounts Receivable 63781 900475 708 Inventory 120205 900475 1335 Tota... View the full answer