Carson Electronics' management has long viewed BGT Electronics as an industry leader and uses this firm as a model firm for analyzing its own performance. The balance sheets and income statements for the two firms are found here:

Balance Sheet ($000)	Carson Electronics, Inc.	BGT Electronics, Inc.
Cash	$1,980	$1,540
Accounts receivable	4500	6010
Inventories	1460	2480
Current assets	$7,940	$10,030
Net fixed assets	16010	25020
Total assets	$23,950	$35,050
Accounts payable	$2,490	$5,010
Accrued expenses	1040	1510
Short-term notes payable	3510	1460
Current liabilities	$7,040	$7,980
Long-term debt	8020	4000
Owners' equity	8890	23070
Total liabilities and owners' equity	$23,950	$35,050

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

Carson's current ratio is:

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