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Paper Assignment # 5: Calculate and analyze ratios . P9-7A Sel ected financial data for Bahama Bay and Caribbean Key are as follows: (15 Points)

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Paper Assignment # 5: Calculate and analyze ratios . P9-7A Sel ected financial data for Bahama Bay and Caribbean Key are as follows: (15 Points) Ca bbean Key Bahama Bay 2018 2017 2017 $8,861 9,560 $7,640 7 507 3,137 2.954 4821 4,818 2018 Total assets Total sabilnies Total stockholders equty 5,724 6,606 2819 2,689 $3,949 70 Sales rovenue hterest expense Tax expense Net Income $6,321 170 148 562 Required: 1. Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year. Which company has the higher ratio? 2. Calculate the return on assets for Bahama Bay and Caribbean Key. Which company appears more profitable

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