Cu Oy Det wered Terver Feed Operating protein B Athen you are better tom Commuter what you want to Catone BOT Carrera omnia Clown on CBOT de im Cash Accounts receivable Inventories Current assets Net fixed assets Total assets $1,960 4,520 1,480 $7,960 15,950 $23,910 $1,520 5,960 2,480 $9.960 24,990 $34,950 Accounts payable Accrued expenses Short-term notes payable Current liabilities Long-term debt Owners' equity Total liabilities and owners' equity $2,490 1,030 3,540 $7,060 8,010 8,840 $23,910 $5,000 1,530 1,460 $7.990 3,950 23,010 $34,950 Net sales (all credit) Cost of goods sold Gross profit Operating expenses Net operating income Interest expense Earnings before taxes Income taxes (40%) Net income Carson Electronics, Inc. Income Statement ($000) $48,020 (35,990) $12,030 (8,010) $4,020 (1.120) $2,900 (1,160) $1,740 BGT Electronics, Inc. Income Statement ($000) $69,970 (41.960) $28,010 (12,040) $15.970 (510) $15,460 (6,184) $9,276 P4-26 (similar to) (Financial statement analysis) Carson Electronics' management has long viewed BGT Electronics as an industry leader and uses the a. Calculate the following ratios for both Carson and BGT: Current ratio Operating return on assets Times interest earned Debt ratio Inventory turnover Average collection period Total asset turnover Fixed asset turnover Operating profit margin Return on equity b. Analyze the differences you observe between the two firms. Comment on what you view as weaknesses in the performance of a. Calculate the following ratios for both Carson and BGT: Carson's current ratio is . (Round to two decimal places.)