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Selected financial data for Bahama Bay and Caribbean Key are as follows ($ in millions) Bahama Bay Caribbean Key 2018201720182017 S 9,583 S 9,502 8,783
Selected financial data for Bahama Bay and Caribbean Key are as follows ($ in millions) Bahama Bay Caribbean Key 2018201720182017 S 9,583 S 9,502 8,783 S 8,822 Total assets Total liabilities Total stockholders' equity 8,022 7,486 7,463 7,453 1,561 2,016 1,320 1,369 5,847 Sales revenue Interest expense Tax expense Net income $ 12,819 151 344 350 192 70 317 Required 1-a. Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year. (Do not round intermedia Enter dollar answer in millions. (i.e., $5,500,000 should be entered as 5.5).) Debt to Equity Ratio Total liabilities Stockholders' equity Bahama Bay 1-b. Which company has the higher ratio? O Bahama Bay Caribbean Key 2-a. Calculate the return on assets for Bahama Bay and Caribbean Key. (Do not round intermediate calcula millions. (i.e., $5,500,000 should be entered as 5.5) Return on Assets Ratio Average total assets Net income 0.0% Bahama Bay 9,583.0 317 Average total assets Net income 0.4% Caribbean Key 350 8,783.01 L
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