a.Calculate the following ratios for both Carson and BGT:

Current ratio Times interest earned Inventory turnover Total asset turnover Operating profit margin

Operating return on assets Debt ratio Average collection period Fixed asset turnover Return on equity

(Round to two decimal places.)

Balance Sheet ($000) Carson Electronics, Inc. BGT Electronics, Inc. Cash $2,010 $1,540 Accounts receivable 4,450 5,970 Inventories 1,500 2,510 Current assets $7,960 $10,020 Net fixed assets 15,950 25,030 Total assets $23,910 $35,050 Accounts payable $2,450 $5,020 Accrued expenses 970 1,490 Short-term notes payable 3,540 1,550 Current liabilities $6,960 $8,060 Long-term debt 7,970 3,950 Owners' equity 8,980 23,040 Total liabilities and owners' equity $23,910 $35,050