Balance Sheet Assets Cash and Cash Equivalents $ 68,770 $ 70,559 $ 65,249 $ 55,030 44,760 44,470 $ 44,170| 39,800 38,620 $ 36,490 Accounts Receivable Merchandise Inventory Other Current Assets 79,860 66,340 76,300 68,590 65,300 59,990 15,970 16,471 24,781 37,840 Total Current Assets 209,360 90,074 197,840 90,720 198,420 116,870 196,790 116,276 Long-term Assets Total Assets $ 299,434 $ 288,560 $ 276,678 $ 315,290 $ 313,066 $ 310,700 Liabilities Current Liabilities $ 69,550 $ 60,250 31,630 29,970 $ 90,870 $ 90,040 96,360 105,920 Long-term Liabilities Total Liabilities 101,180 90,220 187,230 195,960 Stockholders' Equity Common Stock 72,780 125,474 80,800 117,540 111,490 16,570 102,490 14,616 Retained Earnings Total Stockholders' Equity 198,254 198,340 197,690 128,060 117,106 103,900 Total Liabilities and Stockholders' Equity $ 299,434 $ 288,560 $ 315,290 $ 313,066 Other Data $ 21.44 $ 33.52 $ 46.42 $ 51.56 Market price per share Annual dividend per share Weighted average number of shares outstanding 0.31 0.30 0.47 0.39 8,900 6,900 8,900 6,900 Data Table The Pull Company Comparative Financial Statements Years Ended December 31, Beguiling Life Vests Comparative Financial Statements Years Ended December 31, 2025 2024 2023 2025 2024 2023 Income Statement Net Sales Revenue $ 425,290 $ 410,060 $ 383,350 430,446 $ 258,977 256,532 Cost of Goods Sold 299,670 280,780 Gross Profit 171,469 153,990 168,758 151,215 110,390 78,490 102,570 70,160 Operating Expenses Operating Income 17,543 17,479 860 31,900 2,760 32,410 2,900 Interest Expense 755 Income before Income Tax 16,619 5,138 16,788 4,400 29, 140 8,750 29,510 8,680 Income Tax Expense $ 11,481 $ 12,388 $ 20,390 $ 20,830 Net Income Balance Sheet Assets Cash and Cash Equivalents $ 68,770 $ 70,559 $ 65,249 $ 55,030 Accounts Receivable 44.760 44.470 $ 44.1701 39.800 38.620 $ 36.490 Requirements a. C. e. 1. Using the financial statements given, compute the following ratios for both companies for 2025 and 2024. Assume all sales are credit sales. Round all ratios to two decimal places. Current ratio b. Cash ratio Inventory turnover d. Accounts receivable turnover Gross profit percentage f. Debt ratio g. Debt to equity ratio h. Profit margin ratio i. Asset turnover ratio j. Rate of return on common stockholders' equity k. Earnings per share I. Pricelearnings ratio m. Dividend yield Dividend payout 2. Compare the companies' performance for 2025 and 2024. Make a recommendation to Happy Camper Company about investing in these companies. Which company would be a better investment, The Pull Company or Beguiling Life Vests? Base your answer on ability to pay current liabilities, ability to sell merchandise and collect receivables, ability to pay long-term debt, profitability, and attractiveness as an investment. n
