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Bethesda Mining Company reports the following balance sheet information for 2013 and 2014.

BETHESDA MINING COMPANY Balance Sheets as of December 31, 2013 and 2014
		2013			2014				2013			2014
Assets							Liabilities and Owners Equity
Current assets							Current liabilities
Cash	$	21,396		$	24,385		Accounts payable	$	214,414		$	192,480
Accounts receivable		51,552			58,318		Notes payable		99,022			134,508
Inventory		121,807			143,615
							Total	$	313,436		$	326,988
Total	$	194,755		$	226,318
							Long-term debt	$	271,700		$	285,300
							Owners equity
							Common stock and paid-in surplus	$	200,000		$	200,000
							Accumulated retained earnings		132,481			171,358
Fixed assets
Net plant and equipment	$	722,862		$	757,328		Total	$	332,481		$	371,358
Total assets	$	917,617		$	983,646		Total liabilities and owners equity	$	917,617		$	983,646

Required:

Based on the balance sheets given for Bethesda Mining, calculate the following financial ratios for each year:

(a)	Current ratio. (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

	Current ratio
2013	times
2014	times

(b)	Quick ratio. (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

	Quick ratio
2013	times
2014	times

(c)	Cash ratio. (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

	Cash ratio
2013	times
2014	times

(d)	Debt-equity ratio and equity multiplier. (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

	Debt-equity ratio (times)	Equity multiplier (times)
2013
2014

(e)	Total debt ratio. (Do not round intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

	Total debt ratio (times)
2013
2014

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