Ch 3 Assignment Part 1 0 Saved Help Save & Exit Si Check my w| Bethesda Mining Company reports the following balance sheet information for 2021 and 2022: BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 312 Assets 2021 2022 Liabilities and Owners' Equity 2021 2022 points Current assets Current liabilities Cash $ 52,990 $ 67,084 Accounts payable $ 189,422 $ 197,111 Skipped Accounts receivable 62,781 83,139 Notes payable 84,520 136,088 Inventory 122,559 188,119 Total $ 273,942 $ 333,199 Total $ 238,330 $ 338,342 Long-term debt $ 236,000 $ 172,750 !| Owners' equity = Common stock and paid-in surplus $ 219,000 $ 219,000 cBeck Fixed assets Accumulated retained earnings 167,635 203,121 Net plant and equipment $ 658,247 $ 589,728 Total $ 386,635 $ 422,121 = Total assets $ 896,577 $ 928,070 Total liabilities and owners' equity $ 896,577 $ 928,070 Print Based on the balance sheets given, calculate the following financial ratios for each year: D References 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. a. 2021 Current ratio 2022 Current ratio b. 2021 Quick ratio 2022 Quick ratio c. 2021 Cash ratio 2022 Cash ratio d. 2021 Debt-equity ratio 2021 Equity multiplier times times times times times times times times % N Ch 3 Assignment Part 1 0 Saved Help Save & Exit Check my _____ i s e e s s i i 6 Accounts receivable 62,781 83,139 Notes payable 84,520 136,088 Inventory 122,559 188,119 Total $ 273,942 $ 333,199 Total $ 238,330 $ 338,342 Long-term debt $ 236,000 $ 172,750 Owners' equity 312 Common stock and paid-in surplus $ 219,000 $ 219,000 points Fixed assets Accumulated retained earnings 167,635 203,121 Net plant and equipment $ 658,247 $ 589,728 Total $ 386,635 $ 422,121 Skipped Total assets $ 896,577 $ 928,070 Total liabilities and owners' equity $ 896,577 $ 928,070 Based on the balance sheets given, calculate the following financial ratios for each year: Calculate the following financial ratios for each year: eBook _ a. Current ratio. h=y Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Print b. Quick ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. ) c. Cash ratio. References 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. a. 2021 Current ratio times 2022 Current ratio times b. 2021 Quick ratio times 2022 Quick ratio times c. 2021 Cash ratio times 2022 Cash ratio times d. 2021 Debt-equity ratio times 2021 Equity multiplier times 2022 Debt-equity ratio times 2022 Equity multiplier times e. 2021 Total debt ratio times 2022 Total debt ratio times