Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. ...
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Finance
Bethesda Mining Company reports the following balance sheet information for 2018 and 2019.
Prepare the 2018 and 2019 common-size balance sheets for Bethesda Mining. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 $ % Assets Current assets Cash Accounts receivable Inventory Total Fixed assets Net plant and equipment Total assets 26,530 57,781 134,324 218,635 % % 34,778 78,139 201,260 314,177 % $ $ 657,247 875,882 % % AEA $ $ 589,228 903,405 % % $ $ $ % % Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings Total Total liabilities and owners' equity 194,422 89,520 283,942 246,000 % % % % 202,111 141,088 343,199 182,750 $ $ AEA $ $ % % $ 209,000 136,940 345,940 875,882 % % % % 209,000 168,456 377,456 903,405 % % % $ $ GAA $ $ %
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