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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. The total debt ratio of 2018 and 2019?

Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. The total debt ratio of 2018 and 2019?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Bethesda Mining Company reports the following balance sheet information for 2018 and 2019.

The total debt ratio of 2018 and 2019?

BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Current assets Cash Accounts receivable $ 72,718 $ 91,489 $ 185,422 $ 193,111 66,781 87139 80,520 132,088 Inventory 113,146 177607 Total $265,942 $ 325,199 356,235 Total $252,645 $ Long-term debt $228,000 $ 164,750 Owners' equity Common stock and paid-in surplus Accumulated retained earnings $227,000 $227,000 190,750 229,414 Fixed assets 590,128 Net plant and equipment $659,047 $ Total $ 417,750 $ 456,414 $ 911,692 $946,363 Total liabilities and owners" $ 911,692 $946,363 Total assets
Transcribed Image Text:BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 2018 2019 Assets Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Current assets Cash Accounts receivable $ 72,718 $ 91,489 $ 185,422 $ 193,111 66,781 87139 80,520 132,088 Inventory 113,146 177607 Total $265,942 $ 325,199 356,235 Total $252,645 $ Long-term debt $228,000 $ 164,750 Owners' equity Common stock and paid-in surplus Accumulated retained earnings $227,000 $227,000 190,750 229,414 Fixed assets 590,128 Net plant and equipment $659,047 $ Total $ 417,750 $ 456,414 $ 911,692 $946,363 Total liabilities and owners" $ 911,692 $946,363 Total assets
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