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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 2022 Debt-equity ratio d. 2021 Equity multiplier 2022 Equity multiplier e. 2021 Total debt ratio 2022 Total debt ratio times times times times times times times times times times times times Bethesda Mining Company reports the following balance sheet information for 2021 and 2022. Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets 2021 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 2022 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total $ 27,536 66,346 156,765 $ 250,647 $ 31,383 77,916 185, 533 $ 294,832 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total $ 853,518 $ 950,097 $ 1,104,165 $ 1,244,929 Total liabilities and owners' equity Based on the balance sheets given, calculate the following financial ratios for each year: 2021 $ 198,119 91,496 $ 289,615 2022 $ 209,844 104,992 $ 314,836 $ 345,000 $365,000 $ 175,000 294,550 $ 183,000 382,093 $ 469,550 $ 565,093 $ 1,104,165 $ 1,244,929

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 2022 Debt-equity ratio d. 2021 Equity multiplier 2022 Equity multiplier e. 2021 Total debt ratio 2022 Total debt ratio times times times times times times times times times times times times Bethesda Mining Company reports the following balance sheet information for 2021 and 2022. Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets 2021 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 2022 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total $ 27,536 66,346 156,765 $ 250,647 $ 31,383 77,916 185, 533 $ 294,832 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total $ 853,518 $ 950,097 $ 1,104,165 $ 1,244,929 Total liabilities and owners' equity Based on the balance sheets given, calculate the following financial ratios for each year: 2021 $ 198,119 91,496 $ 289,615 2022 $ 209,844 104,992 $ 314,836 $ 345,000 $365,000 $ 175,000 294,550 $ 183,000 382,093 $ 469,550 $ 565,093 $ 1,104,165 $ 1,244,929

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
Section: Chapter Questions
Problem 1PS
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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 2022 Debt-equity ratio d. 2021 Equity multiplier 2022 Equity multiplier e. 2021 Total debt ratio 2022 Total debt ratio times times times times times times times times times times times times
Transcribed Image Text: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 2022 Debt-equity ratio d. 2021 Equity multiplier 2022 Equity multiplier e. 2021 Total debt ratio 2022 Total debt ratio times times times times times times times times times times times times
Bethesda Mining Company reports the following balance sheet information for 2021 and 2022. Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets 2021 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 2022 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total $ 27,536 66,346 156,765 $ 250,647 $ 31,383 77,916 185, 533 $ 294,832 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total $ 853,518 $ 950,097 $ 1,104,165 $ 1,244,929 Total liabilities and owners' equity Based on the balance sheets given, calculate the following financial ratios for each year: 2021 $ 198,119 91,496 $ 289,615 2022 $ 209,844 104,992 $ 314,836 $ 345,000 $365,000 $ 175,000 294,550 $ 183,000 382,093 $ 469,550 $ 565,093 $ 1,104,165 $ 1,244,929
Transcribed Image Text:Bethesda Mining Company reports the following balance sheet information for 2021 and 2022. Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets 2021 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 2022 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total $ 27,536 66,346 156,765 $ 250,647 $ 31,383 77,916 185, 533 $ 294,832 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total $ 853,518 $ 950,097 $ 1,104,165 $ 1,244,929 Total liabilities and owners' equity Based on the balance sheets given, calculate the following financial ratios for each year: 2021 $ 198,119 91,496 $ 289,615 2022 $ 209,844 104,992 $ 314,836 $ 345,000 $365,000 $ 175,000 294,550 $ 183,000 382,093 $ 469,550 $ 565,093 $ 1,104,165 $ 1,244,929
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