BGT Electronics as an Industry leader and use this firm As A modal firm for analyzing its own performance The balance sheets and income (Financial statement analysis) Carson Electronics management has long vid statements for the two firms are found here: !! a. Calculate the following ratios for both Carson and BGT. Current ratio Times interest earned Inventory tumovar Total asset turnover Operating profit margin Operating return on assets Debt ratio Average collection period Fixed asset turnover Return on equity b. Analyze the differences you observe hatween the two firms. Comment on what you view as weaknesses in the periormance of Carson as compared to BGT that Carson's management might focus on to improve its operations 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 Electronics, Inc. Balance Sheet(5000) $2.030 4450 1.170 BGT Electronics, Inc. Balance Sheet(5000) 51 450 5990 2.520 59.970 25,040 535,010 Carson's times interest earned is Cash Accounts receivable Inventories Current assets Net fixed assets Total assets times (Round to two decimal places.) $7.950 16.000 523,950 BGT's times interest earned is Cerson's inventory tumover is BGT's inventory tumover is times. (Round to two decimal places) times. (Round to two decimal places.) times (Round to two decimal places) $2.450 55 030 1.530 1.050 3.540 Carson's total asset tumover is (Round to two decimal places.) Accounts payable Accrued expenses Short-term roles payable Current liabilities Long-term debt Owners' equity Total liabilities and owners equity $7040 7.950 BGTs total asset turnover is Carson's operating profit margin is (Round to two decimal places.) % (Round to one decimal place.) 58.020 3.970 23.020 $35010 BGT Electronics, Inc. Income Statement (5000) 369 970 (42,030) $27940 BGT's operating profit marginis X. (Round to one decimal place.) Carson's operating ratum an assets is % (Round to one decimal place) (12,040) 523 950 Carson Electronice, Inc. Income Statement ($000 348 010 (35,960) $12.00 (7,990) $4060 (1.150) $2 910 11.164) $1746 Net sales (all credit) Cost of goods sold Gross profit Operating expenses Net operating income Interest expense Eamings before taxes Income taxes (40%) Not income BGT's operating rebum 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 une decimal place.) 315 900 (500) $15.400 16,160) $9 240 BGT's average collection period is days. (Round to one decimal place.) Carson's feed asset tumover is (Round to two decimal places) BGT's fixed asset tumover is (Round to two decimal places) Carson's return on Anuity in Round to ona dacimal 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 (Select the best choices below.) Carson's Performance VS. AGT Category of Financial Rarios 1. Liquidity Ratios Current Ratio O A. Beller OB. Similar OC Wurse Average Collection Period OA. Better OB. Similar OB. Similar OC Worsie OC Worse Inventory Tumover O A Better (Select the best choices below.) Category of Financial Ratios 2. Capital Structure Ratios Debt Ratio Carson's Performance vs. BGT O A Better OB. Similar OB. Similar OC Worse OC. Worse Times Interest Eamed O A Better (Select the best choices below.) Category of Financial Ratins 3. Asset Management Eciency Ratias Total Agsely Turnover Carson's Performance vs. BGT O A Better OB Similar OC. Worse OC Worse Fixed Assels Turnover O A Better OB Similar (Select the best choices below) Category of Financial Ratios 4. Profitability Ratios Operating Profit Margin Carson's Performance vs. RGT O A. Better OB. Similar OC Worse Operating Retum on Assets O A Better OB. Similar OB. Similar OC. Worse OC Worse Return on Equity On Batter BGT Electronics as an Industry leader and use this firm As A modal firm for analyzing its own performance The balance sheets and income (Financial statement analysis) Carson Electronics management has long vid statements for the two firms are found here: !! a. Calculate the following ratios for both Carson and BGT. Current ratio Times interest earned Inventory tumovar Total asset turnover Operating profit margin Operating return on assets Debt ratio Average collection period Fixed asset turnover Return on equity b. Analyze the differences you observe hatween the two firms. Comment on what you view as weaknesses in the periormance of Carson as compared to BGT that Carson's management might focus on to improve its operations 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 Electronics, Inc. Balance Sheet(5000) $2.030 4450 1.170 BGT Electronics, Inc. Balance Sheet(5000) 51 450 5990 2.520 59.970 25,040 535,010 Carson's times interest earned is Cash Accounts receivable Inventories Current assets Net fixed assets Total assets times (Round to two decimal places.) $7.950 16.000 523,950 BGT's times interest earned is Cerson's inventory tumover is BGT's inventory tumover is times. (Round to two decimal places) times. (Round to two decimal places.) times (Round to two decimal places) $2.450 55 030 1.530 1.050 3.540 Carson's total asset tumover is (Round to two decimal places.) Accounts payable Accrued expenses Short-term roles payable Current liabilities Long-term debt Owners' equity Total liabilities and owners equity $7040 7.950 BGTs total asset turnover is Carson's operating profit margin is (Round to two decimal places.) % (Round to one decimal place.) 58.020 3.970 23.020 $35010 BGT Electronics, Inc. Income Statement (5000) 369 970 (42,030) $27940 BGT's operating profit marginis X. (Round to one decimal place.) Carson's operating ratum an assets is % (Round to one decimal place) (12,040) 523 950 Carson Electronice, Inc. Income Statement ($000 348 010 (35,960) $12.00 (7,990) $4060 (1.150) $2 910 11.164) $1746 Net sales (all credit) Cost of goods sold Gross profit Operating expenses Net operating income Interest expense Eamings before taxes Income taxes (40%) Not income BGT's operating rebum 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 une decimal place.) 315 900 (500) $15.400 16,160) $9 240 BGT's average collection period is days. (Round to one decimal place.) Carson's feed asset tumover is (Round to two decimal places) BGT's fixed asset tumover is (Round to two decimal places) Carson's return on Anuity in Round to ona dacimal 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 (Select the best choices below.) Carson's Performance VS. AGT Category of Financial Rarios 1. Liquidity Ratios Current Ratio O A. Beller OB. Similar OC Wurse Average Collection Period OA. Better OB. Similar OB. Similar OC Worsie OC Worse Inventory Tumover O A Better (Select the best choices below.) Category of Financial Ratios 2. Capital Structure Ratios Debt Ratio Carson's Performance vs. BGT O A Better OB. Similar OB. Similar OC Worse OC. Worse Times Interest Eamed O A Better (Select the best choices below.) Category of Financial Ratins 3. Asset Management Eciency Ratias Total Agsely Turnover Carson's Performance vs. BGT O A Better OB Similar OC. Worse OC Worse Fixed Assels Turnover O A Better OB Similar (Select the best choices below) Category of Financial Ratios 4. Profitability Ratios Operating Profit Margin Carson's Performance vs. RGT O A. Better OB. Similar OC Worse Operating Retum on Assets O A Better OB. Similar OB. Similar OC. Worse OC Worse Return on Equity On Batter