2018 2019 Assets Current assets Cash Accounts receivable BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018

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2018 2019 Assets Current assets Cash Accounts receivable BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018

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2018 2019 Assets Current Assets Cash Accounts Receivable Bethesda Mining Company Balance Sheets As Of December 31 2018 1
2018 2019 Assets Current Assets Cash Accounts Receivable Bethesda Mining Company Balance Sheets As Of December 31 2018 1 (93.04 KiB) Viewed 20 times
2018 2019 Assets Current assets Cash Accounts receivable BETHESDA MINING COMPANY Balance Sheets as of December 31, 2018 and 2019 2018 2019 Liabilities and Owners' Equity Current liabilities $ 52,990 $ 67,084 Accounts payable 62,781 83,139 Notes payable 122,559 188,119 $ 189,422 $ 197,111 84,520 136,088 Inventory Total $ 273,942 $ 333,199 Total $238,330 $338,342 Long-term debt $236,000 $ 172,750 Owners' equity Common stock and paid-in surplus $ 219,000 $ 219,000 Accumulated retained earnings 167,635 203,121 Fixed assets Net plant and equipment $658,247 $589,728 Total $386,635 $ 422,121 Total assets $896,577 $928,070 Total liabilities and owners' equity $ 896,577 $928,070 Suppose that the Bethesda Mining Company had sales of $2,266,873 and net income of $98,381 for the year ending December 31, 2019. Calculate ROE using the DuPont identity. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter the profit margin and return on equity as a percent.) % times Profit margin Total asset turnover Equity multiplier Return on equity times %
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