need this answered quickly!!!!!

The financial statements for Armstrong and Blair companies for the current year are summarized below: Armstrong Company Blair Company Statement of Financial Position Cash Accounts receivable (net) Inventory Property, plant, and equipment (net) Other non-current assets Total assets Current liabilities Long-term debt (10%) Share capital Contributed surplus Retained earnings Total liabilities and shareholders' equity Statement of Earnings Sales revenue (1/3 on credit) Cost of sales Expenses (including interest and income tax) Net earnings $ 35,900 31,000 195,000 162,000 94,000 $ 517,900 $ 122,500 96,500 168,000 39,000 91,900 $ 517,900 $ 31,000 39,000 33,500 490,000 326,000 $ 919,500 $ 48,000 88 , 590,000 129,000 64,500 $ 919,500 $ 540,000 (297,000) (183,600) $ 59,400 $ 900,000 (450,000) (342,000) $ 108,000 Selected data from the financial statements for the previous year follows: Armstrong Company $ 29,000 83,000 96,500 Blair Company $ 49,000 30,000 88,000 Accounts receivable (net) Inventory Long-term debt Other data: Share price year-end Income tax rate Dividends declared and paid Shares Outstanding $ 18 30% 45,000 15,000 $ 15 30% $240,000 50,000 $ ere to search O wide Saved Midterm Exam The companies are in the same line of business and are direct competitors in a large metropolitan area. Both have been in business approximately ten years, and each has had steady growth. The management of each has a different viewpoint in many respects. Blair Company is more conservative, and as its president said, "We avoid what we consider to be undue risk." Neither company is publicly held. Armstrong Company has an annual audit by an independent auditor, but Blair Company does not Required: 1. Complete a schedule that reflects a ratio analysis of each company. Use ending balances if average balances are not available. (Round intermediate calculations and final answers to 2 decimal places.) HINT: To calculate Current Ratio, you will need to first calculate the total Current Assets. Armstrong Company Blair Company % % % % per share per share times times Ratio Profitability ratios Gross profit percentage Profit margin Earnings per share Asset turnover ratios Fixed Asset turnover Receivables turnover Inventory tumover Liquidity ratios Current ratio Market tests Pricelearnings ratio Dividend yield ratio times times times times % %