Answered step by step
Verified Expert Solution
Question
1 Approved Answer
If you were a creditor, which company would you be more likely to lend money to and why? Boston Brewing Company In $1,000 2016 2015
If you were a creditor, which company would you be more likely to lend money to and why?
Boston Brewing Company | ||||
In $1,000 | 2016 | 2015 | ||
Total Assets | 623,297 | 645,400 | ||
Total Liabilities | 176,715 | 184,179 | ||
Net Income | 87,349 | 98,414 | ||
Income Taxes | 49,772 | 56,596 | ||
Interest Expense | - | - | ||
Anheuser Busch | ||||
In $1,000 | 2016 | 2015 | ||
Total Assets | 258,381 | 134,635 | ||
Total Liabilities | 176,957 | 88,916 | ||
Net Income | 4,334 | 12,461 | ||
Income Taxes | 1,613 | 2,594 | ||
Interest Expense | 4,092 | 1,833 | ||
Ratios | Boston Brewing Co | Anheuser Busch | ||
Year | 2016 | 2015 | 2016 | 2015 |
Debt to Asset Ratio | 0.28 | 0.29 | 0.68 | 0.66 |
Times Interest Earned Ratio | N/A | N/A | 2.45 | 9.21 |
Boston Brewing Co. | ||||
In $1000 | 2016 | 2015 | 2014 | |
Net Income | 87,349 | 98,414 | ||
Net Sales | 906,446 | 959,934 | ||
Total Assets | 623,297 | 645,400 | 605,161 | |
Preferred Dividends | - | - | ||
Common Stockholders' Equity | 446,582 | 461,221 | 436,140 | |
Anheuser Busch | ||||
in $1 million | 2016 | 2015 | 2014 | |
Net Income | 4,334 | 12,461 | ||
Net Sales | 45,514 | 43,604 | ||
Total Assets | 258,381 | 134,635 | 142,550 | |
Preferred Dividends | - | - | ||
Common Stockholders' Equity | 81,425 | 45,719 | 54,257 | |
Ratios | Boston Beer Co | Anheuser Busch | ||
Year | 2016 | 2015 | 2016 | 2015 |
Profit Margin | 9.64% | 10.25% | 9.52% | 28.58% |
Asset Turnover | 1.429 | 1.535 | 0.232 | 0.315 |
Return on Assets | 13.77% | 15.74% | 2.21% | 8.99% |
Return on Common Stockholders' Equity | 19.24% | 21.93% | 6.82% | 24.93% |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started