Bethesda Mining Company reports the following balance sheet information for and :
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 decimal places, eg
b Quick ratio.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
c Cash ratio.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
d Debtequity ratio and equity multiplier.
Note: Do not round intermediate calculations and round your answers to decimal places, eg
e Total debt ratio.
Note: Do not round intermediate calculations and round your answers to decimal places, eg