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P13-4 (Algo) Computing Ratios and Comparing Alternative Investment Opportunities LO 13-3, 13-4, 13-5, 136,137,138 The current year financial statements for Blue Water Company and Prime

image text in transcribedimage text in transcribed P13-4 (Algo) Computing Ratios and Comparing Alternative Investment Opportunities LO 13-3, 13-4, 13-5, 136,137,138 The current year financial statements for Blue Water Company and Prime Fish Company are presented below. 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 ts president has said, "We avoid what we consider to be undue risk." Neither company is publicly held. Required: 1. Using year-end balances for all ratios, compute the following ratios: Note: 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)

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