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The current year financial statements for Blue Water Company and Prime Fish Company are presented below. Blue Water Prime Fish Balance sheet: Cash Accounts receivable

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The current year financial statements for Blue Water Company and Prime Fish Company are presented below. Blue Water Prime Fish Balance sheet: Cash Accounts receivable (net) Inventory Property & equipment (net) Other assets Total assets Current liabilities Long-term debt interest rate 10%) Capital stock (510 par value) Additional paid-in capital Retained earnings Total liabilities and stockholders' equity Income statement: Sales revenue (1/3 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 Dividends declared and paid in current year 42,000 43,000 94,000 155,000 85,000 S 419,000 s 94,000 72,000 155,000 30,000 68,000 $ 419,000 $ 20,000 34,000 46,000 413,000 315.000 5 828,000 S 64.000 62,000 522,000 107,000 73,000 5 828,000 $ 432,000 (236,000) (163,000) $ 33,000 $ 792,000 (401,000) (312,000) $ 79,000 $ 23.0 30% 34,000 $ 25 30% $ 153,000 $ Both companies are in the fish catching and manufacturing business. Both have been in business approximately 10 years, and each has had steady growth 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 compan Required: 1. Complete a schedule that reflects a ratio analysis of each company (Round your intermediate calculations and final answers to 2 decimal places. E decimal places (1.0.0.1234 should be entered as 12.34).) BLUE WATER COMPANY PRIME FISH COMPANY % % % % % % X Ratio Profitability ratios 1 Return on equity 2 Return on assets 3 Financial leverage percentage 4 Net profit margin 5 Earnings per share Turnover ratios 6 Total asset turnover 7 Fixed asset tumover 8 Receivable turnover 9 Inventory tumover Liquidity ratios 10 Current ratio 11 Quick ratio 12 Cash ratio Solvency ratios 13 Debt/equity ratio Market ratios 14 Price learningstatio 15 Dividend yield ratio

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