subject
Business, 29.07.2020 19:01 lil3114

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 $55,526 % $70,205 %
Accounts receivable 63,281 % 83,639 %
Inventory 121,382 % 186,805 %
Total $240,189 % $340,649 %
Fixed assets
Net plant and
equipment $658,347 % $589,778 %
Total assets $898,536 % $930,427 %
Liabilities and Owners’ Equity
Current liabilities
Accounts payable $188,922 % $196,611 %
Notes payable 84,020 % 135,588 %
Total $272,942 % $332,199 %
Long-term debt $235,000 % $171,750 %
Owners' equity
Common stock and
paid-in surplus $220,000 % $220,000 %
Accumulated
retained earnings 170,594 % 206,478 %
Total $390,594 % $426,478 %
Total liabilities and
owners' equity $898,536 % $930,427 %

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f
Answers: 1
question
Business, 22.06.2019 02:00
Jamie lee is reviewing her finances one month later. she has provided the actual amounts paid below. use the cash budget table below to her identify the variances in her budget. each answer must have a value for the assignment to be complete. enter "0" for any unused categories. actual amounts income: monthly expenses: gross monthly salary $2,315 rent obligation $260 net monthly salary $1,740 utilities/electricity $130 savings allocation: utilities/water $10 regular savings $130 utilities/cable tv $155 rainy-day savings $20 food $160 entertainment: gas/maintenance $205 cake decorating class $90 credit card payment $25 movies with friends $50 car insurance $75 clothing $145 budgeted amounts assets: monthly expenses: checking account $1,850 rent obligation $225 emergency fund savings account $4,300 utilities/electricity $75 car $5,200 utilities/water $35 computer & ipad $1,100 utilities/cable tv $120 liabilities: food $115 student loan $6,600 gas/maintenance $95 credit card balance $1,000 credit card payment $45 income: car insurance $45 gross monthly salary $2,155 clothing $45 net monthly salary $1,580 entertainment: savings allocation: cake decorating class $90 regular savings $130 movies with friends $50 rainy day savings $20
Answers: 2
question
Business, 22.06.2019 07:30
An important application of regression analysis in accounting is in the estimation of cost. by collecting data on volume and cost and using the least squares method to develop an estimated regression equation relating volume and cost, an accountant can estimate the cost associated with a particular manufacturing volume. consider the following sample of production volumes and total cost data for a manufacturing operation. production volume (units) total cost ($) 400 4000 450 5000 550 5400 600 5900 700 6400 750 7000 compute b 1 and b 0 (to 2 decimals if necessary). b 1 b 0 complete the estimated regression equation (to 2 decimals if necessary). = + x what is the variable cost per unit produced (to 1 decimal)? $ compute the coefficient of determination (to 4 decimals). note: report r 2 between 0 and 1. r 2 = what percentage of the variation in total cost can be explained by the production volume (to 2 decimals)? % the company's production schedule shows 500 units must be produced next month. what is the estimated total cost for this operation (to 2 decimals)? $
Answers: 1
question
Business, 22.06.2019 14:30
Taking commercial paper means the holder acts honestly
Answers: 1
You know the right answer?
Bethesda Mining Company reports the following balance sheet information for 2018 and 2019. Prepare...
Questions
question
English, 18.03.2021 23:30
question
Mathematics, 18.03.2021 23:30
question
Mathematics, 18.03.2021 23:30
question
Mathematics, 18.03.2021 23:30