a.Calculate the following ratios for both Carson and BGT: a. Calculate the following ratios for both Carson and BGT: Carson's current ratio is ___. (Round to two decimal places.) BGT's current ratio is ___. (Round to two decimal places.) Carson's times interest earned is ___ times. (Round to two decimal places.) BGT's times interest earned is ___ times. (Round to two decimal places.) Carson's inventory turnover is ___ times. (Round to two decimal places.) BGT's inventory turnover is ___ times. (Round to two decimal places.) Carson's total asset turnover is ___. (Round to two decimal places.) BGT's total asset turnover is ___. (Round to two decimal places.) Carson's operating profit margin is ___%. (Round to one decimal place.) BGT's operating profit margin is ___%. (Round to one decimal place.) Carson's operating return on assets is ___%. (Round to one decimal place.) BGT's operating return on assets is _-_ %. (Round to one decimal place.) Carson's debt ratio is ___%. (Round to one decimal place.) BGT's debt ratio is ___ %. (Round to one decimal place.) Carson's average collection period is ___ days. (Round to one decimal place.) BGT's average collection period is ___ days. (Round to one decimal place.) Carson's fixed asset turnover is ___. (Round to two decimal places.) BGT's fixed asset turnover is ___. (Round to two decimal places.) Carson's return on equity is ___%. (Round to one decimal place.) BGT's return on equity is ___%. (Round to one decimal place.) b.Analyze the differences you observe between the two firms. Comment on what you view as weaknesses in the performance of Carson as compared to BGT that Carson's management might focus on to improve its operations.

	Carson Electronics Balance Sheet ($000)	BGT Electronics Balance Sheet ($000)
Cash	$1,960	$1,540
Accounts receivable	$4,550	$6,020
Inventories	$1,470	$2,460
Current Assets	$7,980	$10,020
Net fixed assets	$16,040	$25,050
Total assets	$24,020	$35,070
Accounts payable	$2,520	$4,990
Accrued expenses	$990	$1,480
Short-term notes payable	$3,550	$1,540
Current liabilities	$7,060	$8,010
Long-term debt	$8,030	$4,000
Owners equity	$8,390	$23,060
Total liabilities and owners equity	$24,020	$35,070
	Carson Electronics Income Statement ($000)	BGT Electronics Income Statement ($000)
Net sales (all credit)	$47,970	$70,030
Cost of goods sold	(35,960)	(42,020)
Gross profit	$12,010	$28,010
Operating expenses	(7,950)	(12,010)
Net operating income	$4,060	$16,000
Interest expense	(1,170)	(560)
Earnings before taxes	$2,890	$15,440
Income taxes (40%)	(1,156)	(6,176)
Net Income	$1.734	$9,264