Problem 3-16 Calculating Financial Ratios [LO 2] 2013 2014 $ 193.422 88,520 $ 201,111 140,088 Bethesda Mining Company reports the following balance sheet information for 2013 and 2014 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2013 and 2014 2013 2014 Assets Liabilities and Owners' Equity Current assets Current liabilities Cash $ 31,982 41 399 Accounts payable Accounts receivable 58,781 79.139 Notes payable Inventory 131,971 198.632 Total $ 222,734 $319,170 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earings Fixed assets Net plant and equipment 5657,447 $589328 Total Total assets $ 880, 181 S008,498 Total liabilities and owners' equity Total $281.942 $341,199 $ 244,000 5180.750 S211,000 $ 211,000 143,239 175,549 $ 354.239 5386,549 $ 880,181 S 908 498 Required: Based on the balance sheets given for Bethesda Mining, calculate the following financial ratios for each year: (a) Current ratio. (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g. 32.16).) Current ratio times 2013 2014 times (b) Quick ratio. (Do not round intermediate calculations. Round your answers to 2 decimal places (eg. 32. 16) ) Quick ratio Times 2013 2014 times (c) Cash ratio. (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g. 32. 16.) Cash times 2013 2014