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1-a. Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year. 1-b. Which company has the higher ratio?

image text in transcribed

1-a. Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year.

image text in transcribed 1-b. Which company has the higher ratio? 2-a. Calculate the return on assets for Bahama Bay and Caribbean Key for the most recent year.

image text in transcribed 2-b. Which company appears more profitable? 3-a. Calculate the times interest earned ratio for Bahama Bay and Caribbean Key for the most recent year.

3-b. Which company is better able to meet interest payments as they become due?

Selected financial data for Bahama Bay and Caribbean Key are as follows

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