CULUI DIT LO 2 46. Calculating Financial Ratios 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 Rathorda Mining Company had sales 2018 2019 Current assets BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2019 2018 Assets Liabilities and Owners' Equity Current liabilities $ 21,182 $ 24,141 Accounts payable $180,108 Cash 51,036 59,935 Notes payable 83,179 120,589 142,718 Total $263,287 Inventory $192,807 $226,794 Long-term debt Total $305,000 Owners' equity Common stock and paid-in surplus $ 165,000 Accumulated retained earnings 235,445 $863,726 $775,925 Total Net plant and equipment $400,445 Total assets $968,732 $1,090,520 Total liabilities and owners' equity $968,732 Accounts receivable $190,767 98,175 $288,942 $340,000 Fixed assets $178,000 283,578 $461,578 $1,090,520