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Selected financial data for Bahama Bay and Caribbean Key are as follows: ($ in millions) Total assets Total liabilities Total stockholders' equity Bahama Bay 2021
Selected financial data for Bahama Bay and Caribbean Key are as follows: ($ in millions) Total assets Total liabilities Total stockholders' equity Bahama Bay 2021 2020 $8,861 $9,560 5,724 6,606 3,137 2,954 Caribbean Key 2021 2020 $7,640 $7,507 2,819 2,689 4,821 4,818 Sales revenue Interest expense Tax expense Net income $6,321 170 148 562 $3,949 70 8 88 Required: 1-a. Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year. (Do not round intermediate calculations. Round ratios answers to 2 decimal places. Enter your answer in millions. (i.e., $5.5 million should be entered as 5,500,000.).) Debt to Equity Ratio Bahama Bay II Caribbean Key
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