MyFinanceLab All Assignment: x Do Homework - Margaret Blei X Safe Search x course hero - Norton Safe Sea * *[Solved ] 0 of 1 pt '4-26 (simila x + X C mathxl.com/Student/PlayerHomework.aspx?homeworkld=547311240&questionld=98flushed=false&cid=5737955&back=DoAssignments.aspx?view=hom... @ @ 18 IN-320-J2466 Principles of Finance 19EW2 Margaret Bleichner & | 11/24/19 6:49 PM lomework: 4-2 MyFinanceLab Assignment Save core: 0 of 4 pts 9 of 12 (10 complete) 4-26 (similar to) HW Score: 79.33%, 39.67 of 50 pts Question Help (Financial statement analysis) Carson Electronics' management has long viewed BGT Electronics as an industry leader and uses this firm as a model firm for analyzing its own performance. The balance sheets and income statements for the two firms are found here: EBB a. Calculate the following ratios for both Carson and BGT: i Data Table X Current ratio Times interest earned Operating retum on assets Inventory turnover Debt ratio Carson Electronics, Inc BGT Electronics, Inc. Total asset turnover Average collection period Fixed asset turnover Cash Balance Sheet ($000) $1.950 Balance Sheet ($000) Operating profit margin Return on equity Accounts receivable $1 550 4.550 6. 050 b. Analyze the differences you observe between the two firms. Comment on what Inventories 1 470 2 470 Current assets $7.970 $10,070 nprove its operations a. Calculate the following ratios for both Carson and BGT. Net fixed assets 16 010 25 040 Carson's current ratio is . (Round to two decimal places.) Total assets $23 980 $35 110 Accounts payable 62,510 $5,020 Accrued expenses 990 1 500 Short-term notes payable 3.470 1510 Current liabilities $6,970 68.030 Long-term debt 8 020 3,970 Owners' equity 8 990 23, 110 Total liabilities and owners' equity $23.980 $35 110 Enter your answer in the answer box and then click Check Answer. Carson Electronics, Inc BGT Electronics, Inc. 23 Paraining Print Done data-11_24_2019-.xisx Show all X 9 Type here to search O 5:49 PM ~ 4x 4 11/24/2019 10 141 "prt sc delete home end pg up po dn