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Selected financial data for Bahama Bay and Caribbean Key are as follows: ($ in millions) Bahama Bay Caribbean Key 2018 2017 2018 2017 Total assets

Selected financial data for Bahama Bay and Caribbean Key are as follows:

($ in millions) Bahama Bay Caribbean Key

2018 2017 2018 2017
Total assets $ 9,603 $ 9,522 $ 8,803 $ 8,842
Total liabilities 8,032 7,496 7,473 7,463
Total stockholders equity 1,571 2,026 1,330 1,379
Sales revenue $ 5,857 $ 12,829
Interest expense 195 153
Tax expense 71 345
Net income 319 352

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 1 decimal place. Enter dollar answer in millions. (i.e., $5,500,000 should be entered as 5.5).)

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2-a. Calculate the return on assets for Bahama Bay and Caribbean Key. (Do not round intermediate calculations. Round ratios answers to 1 decimal place. Enter dollar answer in millions. (i.e., $5,500,000 should be entered as 5.5).)

image text in transcribed

3-a. Calculate the times interest earned ratio for Bahama Bay and Caribbean Key. (Do not round intermediate calculations. Round ratios answers to 1 decimal place. Enter dollar answer in millions. (i.e., $5,500,000 should be entered as 5.5).)

image text in transcribed

Debt to Equity Ratio Bahama Bay Caribbean Key Return on Assets Ratio Bahama Bay Caribbean Key Times Interest Earned Ratio Bahama Bay Caribbean Key

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