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(Solved): Bethesda Mining Company reports the following balance sheet information for 2021 and 2022 : based o ...
Bethesda Mining Company reports the following balance sheet information for 2021 and 2022 : based on the balance sheets given, calculate the following financial ratios for each year: Calculate the following financial ratios for each year: a. Current ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.9., 32.16. b. Quick ratio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g. \( 32.16 \). c. Cash ratio Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.9., 32.16, d. Debt-equity ratio and equity multiplier. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g. \( 32.16 \). e. Total debt rotio. Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.9., \( 32.16 \). \begin{tabular}{|c|l|} \hline a. 2021 Current ratio & times \\ \hline 2022 Current ratio & times \\ \hline b. 2021 Quick ratio & times \\ \hline 2022 Quick ratio & times \\ \hline c. 2021 Cash ratio & times \\ \hline 2022 Cash ratio & times \\ \hline d. 2021 Debt-equity ratio & times \\ \hline 2021 Equity multiplier & times \\ \hline 2022 Debt-equity ratio & times \\ \hline 2022 Equity multiplier & times \\ \hline e. 2021 Total debt ratio & times \\ \hline 2022 Total debt ratio & times \\ \hline \end{tabular}