coed Book The current year financial statements for two competitors are presented below. Please analyze their financials. Note: if a ratio cannot be solved given the data provided, please leave it blank. There are a few ratios that cannot be solved given the information provided. Balance sheet: Cash Accounts receivable (net). Inventory Property equipment (net) Other assets Total assets Current liabilities. Long-term debt (interest rate: 154) Capital stock ($10 par value) Additional paid-in capital Retained earnings Total liabilities and stockholders' equity Income statement: Sales revenue (1/2 on credit) Cost of goods sold i Net incone Operating expenses Other data: Per share stock price at end of current year Average income tax rate Dividends declared and paid in current year 5 42,100 43,500 93,500 156,500 85,100 Blue Water Prine Fish $ 19,900 34,300 $420,700 46,600 414,200 316,000 $831,000 $93,500 $ 65,500 72,700 62,200 155,700 $23,000 30,100 107,100 $ 420,700 68,700 73,200 $ 831,000 $ 430,500 (235,500) (163,200) $31,800 $ 791,000 (401,100) (312,100) $77,000 $ 23.1 456 26 45% $ 34,100 $153,500 Both companies are in the fish catching and manufacturing business. Both have been in business approximately 10 years, and each has had steady growth. The management of each has a different viewpoint in many respects. Blue Water is more conservative, and as its president has said, "We avoid what we consider to be undue risk." Neither company is publicly held. Required: 1. Complete a schedule that reflects a ratio analysis of each company. (Round your intermediate calculations and final answers to 2 decimal places. Enter percentage answers rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34).) Ratio Profitability ratios 1 Return on equity 2 Return on assets BLUE WATER COMPANY PRIME FISH COMPANY % % % % Required: 1. Complete a schedule that reflects a ratio analysis of each company. (Round your intermediate calculations and final answers to 2 decimal places. Enter percentage answers rounded to 2 decimal places (.e. 0.1234 should be entered as 12.34).) Ratio BLUE WATER COMPANY PRIME FISH COMPANY Profitability ratios 1. Return on equity % % 2. Return on assets 1% % 3. Gross profit percentage % % 4. Net profit margin % % 5. Eamings per share 6. Quality of income Asset turnover ratios 7 Total asset bumpver 8 Fixed asset turnover 9. Receivable turnover 10. Inventory turnover Liquidity ratios: 11. Current ratio 12. Quick ratio Cash ratio 13 Solvency ratios 14. Times interest eamed ratio 15. Cash coverage ratio. 16. Debt/equity ratio Market ratios 17. Price/eamings ratio 18. Dividend yield ratio % %