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need to compare the following ratios of two companies and render and opinion on which company is performing better: debt to equity ratio times interest
need to compare the following ratios of two companies and render and opinion on which company is performing better:
debt to equity ratio
times interest earned
Ratios Carnival working capital Royal Caribbean working capital Carnival current ratio Royal Caribbean current ratio Carnival acid test ratio Royal Caribbean acid test ratio Carnival accounts receivable turnover Royal C. accounts receivable turnover Carnival inventory turnover Royal C. inventory turnover Carnival days sales in receivables Royal C. days sales in receivables Carnival days sales in inventory Royal C. days sales in inventory Carnival debt-to-equity ratio Royal C. debt-to-equity ratio Carnival times-interest-earned Royal C. times-interest=earned 2013 $ $ $ $ $ (4,783.00) (3,311.00) 0.29 0.22 0.19% 0.11% 20.39% 29.42% 27.81% 35.66% 17.90% 12.41% 13.12 10.24 0.33 0.74 4.36 2.42 2014 $ (5,418.00) $ $ (3,048.00) $ 0.22 0.21 0.11% 0.12% 24.97% 30.99% 28.19% 38.63% 14.61% 11.78% $ 12.95 $ 9.44 $ 0.30 $ $ 0.92 $ 5.32 3.96 2015 (4,505.00) (3,456.00) 0.35 0.20 0.26% 0.08% 35.00% 33.17% 27.22% 41.66% 10.43% 11.00% 13.41 8.76 0.31 0.96 9.29 3.4 Ratios Working capital Current ratio Acid test ratio (quick ratio) Accounts receivable turnover Inventory Turnover Days sales in receivables Days sales in inventory Debt-to-equity ratio Times-interest-earned (Interest cov.) 2013 $ 2014 (3,311.00) $ (3,048.00) $ 0.22 0.21 0.11% 0.12% 29.42% 30.99% 35.66% 38.63% 12.41% 11.78% 10.24 9.44 0.74 0.92 2.42% 3.96% http://financials.morningstar.com/ratios/r.html?t=RCL 2015 (3,456.00) 0.20 0.08% 33.17% 41.66% 11.00% 8.76 0.96 3.40%Step by Step Solution
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