Bethesda Mining Company reports the following balance sheet information for 2021 and 2022. Prepare the 2021 and 2022 common-size balance sheets for Bethesda Mining. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.c Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Assets Current liabilities Liabilities and Owners' Equity Accounts payable Notes payable Total Long-term debt Owners' equity BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 2021 % Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ $ $ LA GA $ $ $ $ $ $ $ 55,526 63,281 121,382 240,189 658,347 898,536 188,922 84,020 272,942 235,000 220,000 170,594 390,594 898,536 % % % % $ $ % % % % $ EA % 589,778 % $ 930,427 % $ % % % $ $ $ 2022 $ $ 70,205 83,639 186,805 340,649 196,611 135,588 332,199 171,750 220,000 206,478 426,478 930,427 % % % % % % % % % % % % % % %

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 2021 and 2022.
Prepare the 2021 and 2022 common-size balance sheets for Bethesda Mining.
Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.
Current assets
Cash
Accounts receivable
Inventory
Total
Fixed assets
Net plant and equipment
Total assets
Assets
Current liabilities
Liabilities and Owners' Equity
Accounts payable
Notes payable
Total
Long-term debt
Owners' equity
BETHESDA MINING COMPANY
Balance Sheets as of December 31, 2021 and 2022
2021
%
Common stock and paid-in surplus
Accumulated retained earnings
Total
Total liabilities and owners' equity
$
LA
$
EA
$
EA
$
GA
$
$
$
$
$
GA
$
GA
55,526
63,281
121,382
240,189
658,347
898,536
188,922
84,020
272,942
235,000
220,000
170,594
390,594
898,536
% $
%
%
% $
EA
% $
LEA
% $
EA
% $
%
%
% $
$
A LA
2022
EA
70,205
83,639
186,805
340,649
589,778
930,427
196,611
135,588
332,199
171,750
% $
220,000
%
206,478
%
$
426,478
% $ 930,427
%
%
%
%
%
%
%
%
%
%
+
%
%
%
%
Transcribed Image Text:Bethesda Mining Company reports the following balance sheet information for 2021 and 2022. Prepare the 2021 and 2022 common-size balance sheets for Bethesda Mining. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets Assets Current liabilities Liabilities and Owners' Equity Accounts payable Notes payable Total Long-term debt Owners' equity BETHESDA MINING COMPANY Balance Sheets as of December 31, 2021 and 2022 2021 % Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity $ LA $ EA $ EA $ GA $ $ $ $ $ GA $ GA 55,526 63,281 121,382 240,189 658,347 898,536 188,922 84,020 272,942 235,000 220,000 170,594 390,594 898,536 % $ % % % $ EA % $ LEA % $ EA % $ % % % $ $ A LA 2022 EA 70,205 83,639 186,805 340,649 589,778 930,427 196,611 135,588 332,199 171,750 % $ 220,000 % 206,478 % $ 426,478 % $ 930,427 % % % % % % % % % % + % % % %
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