Selected financial data (in millions) of two intense competitors in a recent year are presented here:

\section*{Instructions}
For each company, compute these values and ratios:

(a) Working capital

(b) Current ratio

(c) Debt to total assets ratio

(d) Return on assets ratio

(e) Profit margin ratio

(f) Compare the liquidity, profitability, and solvency of the two companies.

Transcribed Image Text:

Net sales Cost of goods sold Selling and administrative expense Interest expense Other income (net) Income taxes Net income Bethlehem Steel Inland Steel Corporation Corporation Income Statement Data for Year $4,819 4,548 137 46 7 14 $ 81 $4,497 3,991 265 72 0 62 $ 107 Current assets Property, plant, and equipment (net) Other assets Total assets Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity Balance Sheet Data (End of Year) $1,081 1,610 662 $1,569 2,759 1,454 $5,782 $3,353 $1,011 $ 565 3,615 2,056 1,156 $5,782 732 $3,353 Total assets Total stockholders' equity Beginning-of-Year Balances $5,877 697 $3,436 623