Question: Cash Accounts receivable Inventory Bethesda Mining Company reports the following balance sheet information for 2021 and 2022: Assets Current assets 2021 BETHESDA MINING COMPANY

Cash Accounts receivable Inventory Bethesda Mining Company reports the following balance sheet

Cash Accounts receivable Inventory Bethesda Mining Company reports the following balance sheet information for 2021 and 2022: Assets Current assets 2021 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 $ 72,718 66,781 113,146 Accounts payable 2022 Liabilities and Owners' Equity Current liabilities $91,489 87,139 177,607 Notes payable Total Total $ 252,645 $ 356,235 Long-term debt $ 228,000 Owners' equity Fixed assets Net plant and equipment $ 659,047 $ 590,128 Common stock and paid-in surplus Accumulated retained earnings Total $ 227,000 190,750 2021 $ 185,422 80,520 $ 265,942 2022 $ 193,111 132,088 $325,199 $ 164,750 $ 227,000 229,414 $ 417,750 Total assets $ 911,692 $ 946,363 Total liabilities and owners' equity $ 911,692 $ 456,414 $ 946,363 Based on the balance sheets given, calculate the following financial ratios for each year: Calculate the following financial ratios for each year: a. Current ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. b. Quick ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. c. Cash ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. d. Debt-equity ratio and equity multiplier. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. e. Total debt ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.

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