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The current year financial statements for two competitors are presented below. Please analyze their financials. Note: if a ratio cannot be solved given the data

The current year financial statements for two competitors are presented below. Please analyze their financials. Note: if a ratio cannot be solved given the data provided, please leave it blank. There are a few ratios that cannot be solved given the information provided. Balance sheet: Cash Accounts receivable (net) Inventory Property & equipment (net) Other assets Total assets Current liabilities Long-term debt (interest rate: 10%) Capital stock ($10 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 Net income Operating expenses Other data: Per share stock price at end of current year Average income tax rate Dividends declared and paid in current year Blue Water Prime Fish $ 43,000 $ 19,000 37,000 48,000 89,000 170,000 86,000 52,000 425,000 325,000 $ 858,000 $ 79,000 $ 436,000 $ 89,000 79,000 162,000 31,000 75,000 $ 436,000 64,000 532,000 108,000 75,000 $ 858,000 $ 782,000 (402,000) (313,000) $ 417,000 (231,000) (165,000) $ 21,000 $ 67,000 $ 24.0 30% 35 30% $ 35,000 $ 158,000 Both companies are in the fish catching and manufacturing business. Both have been in business approximately 10 years, and each has had steady growth. 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. 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).) 14. Solvency ratios: Times interest earned ratio 15. Cash coverage ratio 16. Debt/equity ratio Market ratios: 17. Price/earnings ratio 18. Dividend yield ratio % %

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