Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1, Based on your analysis of the ratios you calculated above, which cruise chain appears to be better financially equipped to sustain the financial burdens

image text in transcribed

1, Based on your analysis of the ratios you calculated above, which cruise chain appears to be better financially equipped to sustain the financial burdens incurred by the COVID-19 pandemic? Please explain your reasoning.

Ratio Current Ratio Debt ratio Net profit margin Return on equity Market value Price-to-earningd-ratio Royal Carribant, march 31, 2020 Royal Carriban, march 31,2019 Carnival, march, 31, 2020 Carnival, march, 31, 2019 0.62 0.47 1.421 0.74 1.00 0.97 1.06 1.03 0.0066 0.0748 0.01 0.07 -1.55 0.53 -0.02 -0.34 $24,253,402,000.00 $41,946,255,000.00 $18,912,716,000.00 $24,396,543,600.00 748.10 114.14 1137.33 154.87 Stock price $74.81 324,200,000 $125.55 334,100,000 $68.24 277,150,000 $83.63 291,720,000 Qustanding shares

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Chains Of Finance How Investment Management Is Shaped

Authors: Diane-Laure Arjalies, Philip Grant, Iain Hardie, Donald MacKenzie, Ekaterina Svetlova

1st Edition

0198802943, 978-0198802945

More Books

Students also viewed these Finance questions

Question

4. Does cultural aptitude impact ones emotional intelligence?

Answered: 1 week ago