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The current ycar financial statements for Bluc Water Company and Prime Fish Company are presented bolow. Bue Water Prime Fish Balance sheet: Cash Accounts recaivable
The current ycar financial statements for Bluc Water Company and Prime Fish Company are presented bolow. Bue Water Prime Fish Balance sheet: Cash Accounts recaivable (net) S 42,700 46.500 90,500 165.500 $ 19.300 36.100 50,200 421.400 322.000 Property &equipment (net) Other 8880t3 Total assets Current liabilities Long-term debt (interest rate: 15%) Capital stock (310 par value) Additional paid-in capital Retained earnings Total ab ities and stockholders' equity Income statement: Sales revenue (1/2 on credit) Cost of goods sold Operating expenses Net income Other data: Per share stock price at end of current year Average income tax rate Dvidends declared and paid in current year 849.00 63.400 529,000 107,700 74.400 430.905 849,000 6.900 159,900 30,700 421.500 S 785,000 (401,700) 232 500) 164,400 312,700 0,800 24.600 S 23.7 $ 34.700 32 45% 45% $ 156,500 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 its president has said, "We avoid what we consider to be undue risk. Neither company is publicly held. 1. Complete a schedule that reflects a ratio analysis of each company. (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).) E WAT COMPANY Ratio Prof ability ratios: 1 Return on equity 2. Return on assets 3. Financial leverage percentage 4.Net profit margin Earnings per share Tunover ratos 6. Total asset turnover Fixed asset turnover 8. Reca vable turnover 9 Inventory turnover Liquidity ratics 10. Current ratio 11 uick rato 12. Cash ratio Solvency rabos: 13. Debtequity rato Market rat os: 14. Pricelearnings ratio 15. Diidend yield ratio
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