The current year financial statements for Blue Water Company and Prime Fish Company are presented below.

	Blue Water	Prime Fish
Balance sheet
Cash	$ 41,700	$ 20,300
Accounts receivable (net)	41,500	33,100
Inventory	95,500	44,200
Property & equipment (net)	150,500	409,400
Other assets	84,700	312,000
Total assets	$ 413,900	$ 819,000
Current liabilities	$ 95,500	$ 59,500
Long-term debt (interest rate: 15%)	69,900	61,400
Capital stock ($10 par value)	152,900	519,000
Additional paid-in capital	29,700	106,700
Retained earnings	65,900	72,400
Total liabilities and stockholders equity	$ 413,900	$ 819,000
Income statement
Sales revenue (1/2 on credit)	$ 436,500	$ 795,000
Cost of goods sold	(237,500)	(400,700)
Operating expenses	(162,400)	(311,700)
Net income	$ 36,600	$ 82,600
Other data
Per share stock price at end of current year	$ 22.7	$ 22
Average income tax rate	45%	45%
Dividends declared and paid in current year	$ 33,700	$ 151,500

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.

Required:

1. Using year-end balances for all ratios, compute the following ratios:

Note: 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).

Ratio	BLUE WATER COMPANY		PRIME FISH COMPANY
Profitability ratios:
1. Return on equity ratio		%		%
2. Return on assets ratio		%		%
3. Gross profit margin		%		%
4. Net profit margin ratio		%		%
5. Earnings per share ratio
Asset turnover ratios:
6. Total asset turnover ratio
7. Fixed asset turnover ratio
8. Receivable turnover ratio
9. Inventory turnover ratio
Liquidity ratios:
10. Current ratio
11. Quick ratio
12. Cash ratio
Solvency ratios:
13. Debt to equity ratio
Market ratios:
14. Price earnings ratio
15. Dividend yield ratio		%		%