Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Company (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024 , as well as selected data for 2023: (Click the icon to view the data.) Read the requirements. Requirement 1. Compute each ratio for both companies for 2025 and 2024. Assume all sales are credit sales. Round all ratios to two decimal places. a. Current ratio Begin by selecting the correct formula. Current ratio = Now, compute the ratio for both companies for both years. (Round your answers to two decimal places, X,x ) b. Cash ratio Begin by selecting the correct formula. Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Company (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024 , as well as selected data for 2023 : (Click the icon to view the data) Read the requirements. Begin by selecting the correct formula. Cash ratio = Now, compute the ratio for both companies for both years. (Round your answers to two decimal places, X.XX.) c. Inventory turnover Begin by selecting the correct formula. Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Company (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024, as well as selected data for 2023 : (Click the icon to view the data.) Read the requirements. Now, compute the ratio for both companies for both years. (Round your answers to two decimal places, X.XX.) d. Accounts receivable (AR) turnover Begin by selecting the correct formula. Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Compan (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024, as well as selected data for 2023 : (Click the icon to view the data.) Read the requirements. e. Gross profit percentage Begin by selecting the correct formula. Gross profit \% = Now, compute the ratio for both companies for both years. (Round your answers to two decimal places - the nearest hundredth percent, XX%.) f. Debt ratio Begin by selecting the correct formula. Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Company (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024 , as well as selected data for 2023 : (Click the icon to view the data.) Read the reguirements. Begin by selecting the correct formula. Debt ratio = Now, compute the ratio for both companies for both years. (Enter your answers as a percentage to two decimal places - the nearest hundredth percent, XX%.) 9. Debt to equity ratio Begin by selecting the correct formula. Debt to equity ratio = Now, compute the ratio for both companies for both years. (Enter your answers as a rate and not as a percentage. Round your answers to two decimal places, X.X, Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Com (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024 well as selected data for 2023: (Click the icon to view the data.) Read the requirements. Now, compute the ratio for both companies for both years. (Enter your answers as a rate and not as a percentage. Round your answers two decimal places, X.XX.) h. Profit margin ratio Begin by selecting the correct formula. Profit margin ratio = Now, compute the ratio for both companies for both years. (Enter your answers as a percentage to two decimal places - the nearest hundredth percent, X.XX\%.) Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Company (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companles follow for 2025 and 2024, as well as selected data for 2023 : (Click the icon to view the data.) Read the requirements. 1. Asset turnover ratio Begin by selecting the correct formula. Asset turnover ratio = Now, compute the ratio for both companies for both years. (Round your answers to two decimal places, X.XX) 1. Rate of return on common stockholders' equity (ROR on common SE) Begin by selecting the correct formula. Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Company (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024 , as well as selected data for 2023 : (Click the icon to view the data.) Read the requirements. ROR on common SE =[ Now, compute the ratio for both companies for both years. (Enter your answers as a percentage to two decimal places - the nearest hundredth percent, XXX\%,) Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Company (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024 , as well as selected data for 2023 : (Click the icon to view the data.) Read the requirements. Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Com (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024 well as selected data for 2023 : (Click the icon to view the data.) Read the requirements. Now, compute the ratio for both companies for both years. (Round your answers to two decimal places, X.XX.) m. Dividend yield Begin by selecting the correct formula. Dividend yield Now, compute the ratio for both companies for both years. (Enter your answers as a percentage to two decimal places - the nearest hundredth percent, X.XX\%) Requirements 1. Using the financial statements given, compute the following ratios for both companies for 2025 and 2024. Assume all sales are credit sales. Round all ratios to two decimal places. a. Current ratio b. Cash ratio c. Inventory turnover d. Accounts receivable turnover e. Gross profit percentage f. Debt ratio g. Debt to equity ratio h. Profit margin ratio 1. Asset turnover ratio J. Rate of return on common stockholders' equity k. Earnings per share I. Price/earnings ratio m. Dividend yield n. Dividend payout 2. Compare the companies' performance for 2025 and 2024. Make a recommendation to Golden Lake Company about investing in these companies. Which company would be a better investment, The Skull Company or Amateur Life Vests? Base your answer on ability to pay current liabilities, ability to sell merchandise and collect recelvables, ability to Week) Accounting Principles II Data table Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Company (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024 , as well as selected data for 2023: (Click the icon to view the data.) Read the requirements. Requirement 1. Compute each ratio for both companies for 2025 and 2024. Assume all sales are credit sales. Round all ratios to two decimal places. a. Current ratio Begin by selecting the correct formula. Current ratio = Now, compute the ratio for both companies for both years. (Round your answers to two decimal places, X,x ) b. Cash ratio Begin by selecting the correct formula. Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Company (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024 , as well as selected data for 2023 : (Click the icon to view the data) Read the requirements. Begin by selecting the correct formula. Cash ratio = Now, compute the ratio for both companies for both years. (Round your answers to two decimal places, X.XX.) c. Inventory turnover Begin by selecting the correct formula. Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Company (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024, as well as selected data for 2023 : (Click the icon to view the data.) Read the requirements. Now, compute the ratio for both companies for both years. (Round your answers to two decimal places, X.XX.) d. Accounts receivable (AR) turnover Begin by selecting the correct formula. Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Compan (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024, as well as selected data for 2023 : (Click the icon to view the data.) Read the requirements. e. Gross profit percentage Begin by selecting the correct formula. Gross profit \% = Now, compute the ratio for both companies for both years. (Round your answers to two decimal places - the nearest hundredth percent, XX%.) f. Debt ratio Begin by selecting the correct formula. Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Company (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024 , as well as selected data for 2023 : (Click the icon to view the data.) Read the reguirements. Begin by selecting the correct formula. Debt ratio = Now, compute the ratio for both companies for both years. (Enter your answers as a percentage to two decimal places - the nearest hundredth percent, XX%.) 9. Debt to equity ratio Begin by selecting the correct formula. Debt to equity ratio = Now, compute the ratio for both companies for both years. (Enter your answers as a rate and not as a percentage. Round your answers to two decimal places, X.X, Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Com (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024 well as selected data for 2023: (Click the icon to view the data.) Read the requirements. Now, compute the ratio for both companies for both years. (Enter your answers as a rate and not as a percentage. Round your answers two decimal places, X.XX.) h. Profit margin ratio Begin by selecting the correct formula. Profit margin ratio = Now, compute the ratio for both companies for both years. (Enter your answers as a percentage to two decimal places - the nearest hundredth percent, X.XX\%.) Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Company (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companles follow for 2025 and 2024, as well as selected data for 2023 : (Click the icon to view the data.) Read the requirements. 1. Asset turnover ratio Begin by selecting the correct formula. Asset turnover ratio = Now, compute the ratio for both companies for both years. (Round your answers to two decimal places, X.XX) 1. Rate of return on common stockholders' equity (ROR on common SE) Begin by selecting the correct formula. Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Company (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024 , as well as selected data for 2023 : (Click the icon to view the data.) Read the requirements. ROR on common SE =[ Now, compute the ratio for both companies for both years. (Enter your answers as a percentage to two decimal places - the nearest hundredth percent, XXX\%,) Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Company (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024 , as well as selected data for 2023 : (Click the icon to view the data.) Read the requirements. Golden Lake Company wants to invest some of its excess cash in trading securities and is considering two investments, The Skull Com (SC) and Amateur Life Vests (ALV). The income statement, balance sheet, and other data for both companies follow for 2025 and 2024 well as selected data for 2023 : (Click the icon to view the data.) Read the requirements. Now, compute the ratio for both companies for both years. (Round your answers to two decimal places, X.XX.) m. Dividend yield Begin by selecting the correct formula. Dividend yield Now, compute the ratio for both companies for both years. (Enter your answers as a percentage to two decimal places - the nearest hundredth percent, X.XX\%) Requirements 1. Using the financial statements given, compute the following ratios for both companies for 2025 and 2024. Assume all sales are credit sales. Round all ratios to two decimal places. a. Current ratio b. Cash ratio c. Inventory turnover d. Accounts receivable turnover e. Gross profit percentage f. Debt ratio g. Debt to equity ratio h. Profit margin ratio 1. Asset turnover ratio J. Rate of return on common stockholders' equity k. Earnings per share I. Price/earnings ratio m. Dividend yield n. Dividend payout 2. Compare the companies' performance for 2025 and 2024. Make a recommendation to Golden Lake Company about investing in these companies. Which company would be a better investment, The Skull Company or Amateur Life Vests? Base your answer on ability to pay current liabilities, ability to sell merchandise and collect recelvables, ability to Week) Accounting Principles II Data table