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. Blue Water Prime Fish Balance sheet: Cash $ 42,400 $ 19,600 Accounts receivable (net) 45,000 35,200 Inventory 92,000 48,400 Property & equipment (net) 161,000 417,800 Other assets 85,400 319,000 Total assets $ 425,800 $ 840,000 Current liabilities $ 92,000 $ 70,000 Long-term debt (interest rate: 10%) 74,800 62,800 Capital stock ($10 par value) 157,800 526,000 Additional paid-in capital 30,400 107,400 Retained earnings 70,800 73,800 Total liabilities and stockholders equity $ 425,800 $ 840,000 Income statement: Sales revenue (1/3 on credit) $ 426,000 $ 788,000 Cost of goods sold (234,000 ) (401,400 ) Operating expenses (163,800 ) (312,400 ) Net income $ 28,200 $ 74,200 Other data: Per share stock price at end of current year $ 23.4 $ 29 Average income tax rate 30 % 30 % Dividends declared and paid in current year $ 34,400 $ 155,000 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).) PrevQuestion 1 of 1 Total1 of 1Visit question mapThis is the last question in the assignment. To submit, use Alt + S. To access other questions, proceed to the question map button.Next

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).)