Only the questions i did wrong please
The current yet financial statements for Be Water Company and Prime For Company represented below. Balance sheets Cash Accounts receivable Inet! Inventory Peaperty in het Other assets Total assets Current abilities Long-ter debt interest rate: 251 Capital stock 580 per value Additional putin capital Hetained earnings Total abilities and stocktodersity Income statement: Sales revenue (1/2 credit) Cost of goods sold Operating expenses Net incon Other data: Per share stock price at end of current year Average income tax rate Dividends declared and paid I current year ProF $43.12.1 33.5 24. 99. 46,500 250.30 04.200 85,00 16.40 10., 72.00 2.2 25. 522.00 . 30. 58 3,5 (235, S. 2,23 5 23.1 $ 451 Both companies are in the fish catching and manufacturing business. Both have been in business approximately 10 years, and each has had the dy growth. The management of each hasret ve point in pector Water is more conservative, and as is president has said, "We avold what we consider to be undue risk"Nother company is publicly held Required 1. Complete a schedule that reflects a ratio analysis of each company Round your intermediate calculations and final answers to 2 decimal places. Enter percentage answers rounded to 2 decimal places e 01234 should be entered as 12.34) Answer is complete but not entirely correct. Ratio BLUE WATER PRIME FISH COMPANY COMPANY Profitability ratios: 1. Return on equity 12.50% 11.06 2 Return on assets 7.56% 9.38 3. Gross profit percentage 45.29% 49.29% 4. Net profit margin 7.39% 9.84% 5. Earnings per share $ 2.04 $ 1.49 6. Quality of income 1.00 1.00 Asset turnover ratios: 7 Total asset turnover 102 0.95 Faced asset turnover 2.75 191 9. Receivable turnover 4.95 11.53 10 Inventory turnover 252 8.61 Liquidity ratios 11 Current ratio 1.92 1.54 12 Quick ratio 0.92 13. Cash ratio 0.45 0.30 Solvency ratios: 14. Times interesteamed ratio 1.00 1.00 15 Cash coverage ratio 1.00 1.00 16 Debt equity ratio 0.65 0.18 Market ratios 17 Price learnings ratio 1745 18 Dividend yield ratio 9.48% 11.28% The current year financial statements for Blue Water Company and Prime Fish Company are presented below. Blue Water Balance sheet: Cash Accounts receivable (net) Inventory Property & equipment (net) Other assets Total assets Current liabilities Long-term debt (interest rate: 158) Capital stock ($10 par value) Additional paid in capital Retained earnings Total liabilities and stockholders' equity Income statement: Sales revenue (1/2 on credit) Cost of goods sold Operating expenses Net income Other data: Per share stock price at end of current year Dividends declared and paid in current year $ 42, 100 43,500 93,500 156,500 85,100 $ 420,700 $ 93,500 72,700 155,700 30, 100 68,780 $ 420,780 Prime Fish $ 19,900 34,300 46,600 414,200 316,000 $ 831,000 $ 65,500 62,200 523,000 107, 100 73,200 $ 831,000 $ 430,500 (235,500) (163,200) $ 31,800 $ 791,000 (401,100) (312, 100) $ 77,800 $ 23.1 459 $ 34,100 $ 26 45% $ 153,500 Both companies are in the fish catching and manufacturing business. Both have been in business approximately 10 years, and each has had steady growth. The management of each has a different viewpoint in many respects. Blue Water is more conservative, and as its president has said, "We avoid what we consider to be undue risk." Neither company is publicly held. Required: 1. Complete a schedule that reflects a ratio analysis of each company. (Round your intermediate calculations and final answers to 2 decimal places. Enter percentage answers rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34).) . . 7 Answer is complete but not entirely correct. Ratio BLUE WATER PRIME FISH COMPANY COMPANY Profitability ratios: 1. Return on equity 12.50 % 11.06 % 2. Return on assets 7.56 % 9.36 % 3. Gross profit percentage 45.29 % 49.29 % 4. Net profit margin 7.39 % 9.84 % 5. Earnings per share $ 2.04 $ 1.49 6. Quality of income 1.00 1.00 Asset turnover ratios: 7. Total asset turnover 1.02 0.95 8. Fixed asset turnover 2.75 1.91 9. Receivable turnover 4.95 11.53 10. Inventory turnover 2.52 8.61 Liquidity ratios: Current ratio 1.92 1.54 Quick ratio 0.92 0.83 Cash ratio 0.45 0.30 Solvency ratios: Times interest earned ratio 1.00 1.00 x Cash coverage ratio 1.00 1.00 16. Debt/equity ratio 0.65 0.18 Market ratios: 17. Price/earnings ratio 11.32 17.45 18. Dividend yield ratio 9.48 % 11.28 % >> >> 9 >> 11. 12 30 13. 14. 15. The current yet financial statements for Be Water Company and Prime For Company represented below. Balance sheets Cash Accounts receivable Inet! Inventory Peaperty in het Other assets Total assets Current abilities Long-ter debt interest rate: 251 Capital stock 580 per value Additional putin capital Hetained earnings Total abilities and stocktodersity Income statement: Sales revenue (1/2 credit) Cost of goods sold Operating expenses Net incon Other data: Per share stock price at end of current year Average income tax rate Dividends declared and paid I current year ProF $43.12.1 33.5 24. 99. 46,500 250.30 04.200 85,00 16.40 10., 72.00 2.2 25. 522.00 . 30. 58 3,5 (235, S. 2,23 5 23.1 $ 451 Both companies are in the fish catching and manufacturing business. Both have been in business approximately 10 years, and each has had the dy growth. The management of each hasret ve point in pector Water is more conservative, and as is president has said, "We avold what we consider to be undue risk"Nother company is publicly held Required 1. Complete a schedule that reflects a ratio analysis of each company Round your intermediate calculations and final answers to 2 decimal places. Enter percentage answers rounded to 2 decimal places e 01234 should be entered as 12.34) Answer is complete but not entirely correct. Ratio BLUE WATER PRIME FISH COMPANY COMPANY Profitability ratios: 1. Return on equity 12.50% 11.06 2 Return on assets 7.56% 9.38 3. Gross profit percentage 45.29% 49.29% 4. Net profit margin 7.39% 9.84% 5. Earnings per share $ 2.04 $ 1.49 6. Quality of income 1.00 1.00 Asset turnover ratios: 7 Total asset turnover 102 0.95 Faced asset turnover 2.75 191 9. Receivable turnover 4.95 11.53 10 Inventory turnover 252 8.61 Liquidity ratios 11 Current ratio 1.92 1.54 12 Quick ratio 0.92 13. Cash ratio 0.45 0.30 Solvency ratios: 14. Times interesteamed ratio 1.00 1.00 15 Cash coverage ratio 1.00 1.00 16 Debt equity ratio 0.65 0.18 Market ratios 17 Price learnings ratio 1745 18 Dividend yield ratio 9.48% 11.28% The current year financial statements for Blue Water Company and Prime Fish Company are presented below. Blue Water Balance sheet: Cash Accounts receivable (net) Inventory Property & equipment (net) Other assets Total assets Current liabilities Long-term debt (interest rate: 158) Capital stock ($10 par value) Additional paid in capital Retained earnings Total liabilities and stockholders' equity Income statement: Sales revenue (1/2 on credit) Cost of goods sold Operating expenses Net income Other data: Per share stock price at end of current year Dividends declared and paid in current year $ 42, 100 43,500 93,500 156,500 85,100 $ 420,700 $ 93,500 72,700 155,700 30, 100 68,780 $ 420,780 Prime Fish $ 19,900 34,300 46,600 414,200 316,000 $ 831,000 $ 65,500 62,200 523,000 107, 100 73,200 $ 831,000 $ 430,500 (235,500) (163,200) $ 31,800 $ 791,000 (401,100) (312, 100) $ 77,800 $ 23.1 459 $ 34,100 $ 26 45% $ 153,500 Both companies are in the fish catching and manufacturing business. Both have been in business approximately 10 years, and each has had steady growth. The management of each has a different viewpoint in many respects. Blue Water is more conservative, and as its president has said, "We avoid what we consider to be undue risk." Neither company is publicly held. Required: 1. Complete a schedule that reflects a ratio analysis of each company. (Round your intermediate calculations and final answers to 2 decimal places. Enter percentage answers rounded to 2 decimal places (i.e. 0.1234 should be entered as 12.34).) . . 7 Answer is complete but not entirely correct. Ratio BLUE WATER PRIME FISH COMPANY COMPANY Profitability ratios: 1. Return on equity 12.50 % 11.06 % 2. Return on assets 7.56 % 9.36 % 3. Gross profit percentage 45.29 % 49.29 % 4. Net profit margin 7.39 % 9.84 % 5. Earnings per share $ 2.04 $ 1.49 6. Quality of income 1.00 1.00 Asset turnover ratios: 7. Total asset turnover 1.02 0.95 8. Fixed asset turnover 2.75 1.91 9. Receivable turnover 4.95 11.53 10. Inventory turnover 2.52 8.61 Liquidity ratios: Current ratio 1.92 1.54 Quick ratio 0.92 0.83 Cash ratio 0.45 0.30 Solvency ratios: Times interest earned ratio 1.00 1.00 x Cash coverage ratio 1.00 1.00 16. Debt/equity ratio 0.65 0.18 Market ratios: 17. Price/earnings ratio 11.32 17.45 18. Dividend yield ratio 9.48 % 11.28 % >> >> 9 >> 11. 12 30 13. 14. 15