Selected financial statement data for a recent year for Chen Corporation and Caissie Corporation, two competitors, are as follows:

Instructions
(a) Calculate working capital and the current ratio for each company. Comment on their relative liquidity.
(b) Calculate the debt to total assets ratio for each company. Comment on their relative solvency.
(c) Calculate the profit, earnings per share, and price-earnings ratio for each company. Assume that the profit you calculate equals the profit available to common shareholders. Comment on the two companies' relative profitability.

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en Sales revenue Cost of goods sold Operating expenses Interest expense Income tax expense $1,800,000 2 t assets Non-current assets Current liabilities Non-current liabilities Share price Weighted average number of common shares 2