CP15-38 (similar to) Generator at foretage et de comedor a two minuters. The Carca comowe (CC) wa Zane Lot (LV). The prone toners, but feet and star wars tertion flow 2018 2016, we do for 2017 Restorcator 2013 - 2018. Round wiederom 21 tegin by the rest Cro umut Tomo orastu bocan torony and you to do om, XXX CC Cum 2013 101 Det 2018 130 Care Begin by die Cathe Now the bonus for bond win XXC) CC LV 1. Urmareste blowing relor both companies 2019 and 2018 Auswrest Hotel Duratio Can ryum Arum Oro pro DO De Par L A Horosco Las per Rasa 2018 1.17 39 Tintorni ecurities and is con balance sheet, an * Requirements PS Assume all sales vers to two decima 1. Using the financial statements given, compute the following ratios for both companies for 2019 and 2018. Assume all sales are credit sales. Round all ratios to two decimal places. a. Current ratio b. Cash ratio C. Inventory tumover d. Accounts receivable turnover Gross profit percentage f. Debt ratio 9. Debt to equity ratio h. Profit margin ratio L. Asset turnover ratio 1. Rate of return on common stockholders' equity k. Earnings per share 1. Price/earnings ratio m. Dividend yield Dividend payout 2. Compare the companies' performance for 2019 and 2018. Make a recommendation to Golden Lake Company about investing in these companies. Which company would be a better investment, The Canoe Company or Zone 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 dias wers to two decima Print Done TIIULILIT ter 15 Comprehensive Problem 1 of 1 (1 completo) HW Scor Data Table x me of its exog el as selecte alance sheet Sth companie The Cance Company Comparative Financial Statements Years Ended December 31, 2019 2018 2017 Zone Life Vests Comparative Financial Statements Years Ended December 31, 2019 2018 2017 for ces. Income Statement Net Sales Revenue assets + Tota $ $ 430,382 S 258,392 425,120 256,817 410,770 $ 383, 120 299,010 280,230 for both yed Cost of Goods Sold Gross Profit ca 171.990 153,330 168,303 151,113 111.760 78,160 102,890 70,610 3.0 32 Operating Expenses Operating Income Interest Expense Income before Income Tax 18,660 800 17,190 770 33,600 2,810 32.280 2,940 17,860 5,104 16,420 4,510 30,790 8,770 29,340 8,690 Income Tax Expense equivalents s Net Income 12,756 $ 11,910 $ 22.020 $ 20,650 for both yed a lity Balance Sheet ca 0.91 Assets Cash and Cash Equivalents s 1.1 68,800 S 70,650 S 65,934 $ 55.250 14.2 ABO, ton Bolo 20 an. een hen click CH apter 15 Comprehensive Problem 1 of 1 (1 complete) HW -) est some of its exce as well as selecte Data Table alances $ $ 70,650 44,460 $ 55,250 38,600 $ for both companie 68,800 $ 44,770 79,890 15,860 44,180 76,300 65,934 $ 39,820 68,590 24,126 36.450 59,950 for ces. 66,310 16,460 85,220 37,650 Cash and Cash Equivalents Accounts Receivable Merchandise Inventory Other Current Assets Total Current Assets Long-term Assets Total Assets Liabilities la 209,320 90.226 197,880 90,510 288,390 $ 198,470 116,740 196,720 116,670 urrent assets + Tota $ panies for both yee 299,546 S $ 276,780 315,210 9 313,390 $ 310,580 ear ca 3.0 Current Liabilities $ $ 19 18 69,500 $ 31,660 60,280 29.980 90,820 $ 96,370 90,000 105,920 3.2. Long-term Liabilities 101,160 90,260 187,190 198,000 Total Liabilities Stockholders' Equity Common Stock la. 80,840 +Cash equivalents 72.770 125,616 117,290 111,500 16,520 102.450 14,940 mpanies for both yed 2 Retained Earnings Total Stockholders' Equity Total Liabilities and 198,386 198,130 197,6801 128,020 117,390 103,890 ity py ca 09 Bar 019 518 $ Stockholders' Equity 299,546 $ 288,390 315,210 $ 313,390 1.1 S and then click CH Print Done Invest some of its exci 2018, as well as select Data Table x alance she Total Current Assets 209,320 90.226 299,546 $ 197,880 90,510 Long-term Assets 198,470 196,720 115.740 116,670 315,210 5 313,390 $ ratio for both companie $ 288,390 5 276,780 $ for COS 310,580 -mula s $ 69.500 $ 31,660 60,280 29,980 90,820 $ 96,370 187,190 90,080 105,920 current assets. Tot companies for both yed 101,160 90,260 196,000 Year co Total Assets Liabilities Current Liabilities Long-term Liabilities Total Liabilities Stockholders' Equity Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity 2019 3.0 3.21 72.770 125,616 80,840 117,290 111,500 16,520 102,450 14,940 2018 198,386 198,130 197,680 128,020 117,390 103,890 mula $ 299,546 $ 288,390 $ 315,210 $ 313,390 - Cash equivalent ampanies for both yod $ lity Year 2019 2018 Other Data Market price per share Annual dividend per share Weighted average number of shares outstanding cd 0.94 1.11 33.40 0.31 21.28 $ 0.34 45.88 $ 0.46 51.38 0.39 9,300 7,800 9,300 7,800 sis and then click CH Print Done