# Bethesda Mining Com pany reports the following balance sheet information for 2015 and 2016 BETHESDA MINING...

###### Question:

Bethesda Mining Com pany reports the following balance sheet information for 2015 and 2016 BETHESDA MINING COMPANY Balance Sheets as of December 31, 2015 and 2016 2015 2016 2015 2016 Assets Liabilities and Owners' Equity Current assets Current liabilities $34,678 44,680 79,639 197,317$ 192,922 200,611 Cash Accounts receivable Inventory Accounts payable 59,281 130,795 $224,754 Notes payable 280,942 340,199$ 243,000 179,750 Total Total 321636 Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $212,000 212,000 179,065 391,065$ 882,301 $911,014 Fixed assets 146,359 S 657,547 589,378 Net plant and equipment Total assets Total$882,301 911,014 Total labilities and owners' equity Suppose that the Bethesda Mining Company had sales of $2,196,873 and net income of$105,381 for the year ending December 31, 2016 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.) Profit margin Total asset turnover Equity multiplier Return on equity 4.80 % times times

#### Similar Solved Questions

##### 10) Shortest Paths (10 marks) Some pseudocode for the shortest path problem is given below. When DIJKSTRA (G, w,s) is called, G is a given graph, w contains the weights for edges in G, and s is a sta...
10) Shortest Paths (10 marks) Some pseudocode for the shortest path problem is given below. When DIJKSTRA (G, w,s) is called, G is a given graph, w contains the weights for edges in G, and s is a starting vertex DIJKSTRA (G, w, s) INITIALIZE-SINGLE-SOURCE(G, s) 1: RELAX (u, v, w) 1: if dlv] > dlu...